Notes-42 of the 960th issue of the National Bank of Kazakhstan - results of floatation

/IRBIS, Sergey Yakovlev, January 21, 05/ - Today National Bank of Kazakhstan held the 960th auction on floatation of short term notes. The auction involved additional floatation that was completed within a day. Below are the results of floatation and comparison with analogous auction held previously. ------------------------------------------------------------------- Type of the securities Note-42 Note-42 NIN KZW1KD429606 KZW1KD429341 KASE trade code NTK042_0960 NTK042_0934 IRBIS registration number 960/n 934/n Par value, KZT 100,00 100,00 Time basis actual/365 actual/365 Offering date (auction) Jan 21, 05 Jul 30, 04 Payment date Jan 21, 05 Jul 30, 04 Circulation start date Jan 21, 05 Jul 30, 04 Maturity date Mar 4, 05 Sep 10, 04 Days in circulation 42 42 Planned volume, KZT m 1,000.0 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 15 (0) Demand, KZT m 8,729.7 (-794.9) WA yield on demand, % APR 2.79 (-0.35) Actual volume, KZT m 6,648.2 (-1,033.3) Cut-off price, KZT 99.71 (+0.05) WA price, KZT 99.71 (+0.05) Maximum yield, % APR 2.53 (-0.44) Weighted average yield, % APR 2.53 (-0.44) Effective WA yield, % APR 2.56 (-0.44) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KD359597, notes- 35 dated January 13, 05) demand fell by KZT2,531.5 m. (by 22.85%), actual volume of satisfied bids - by KZT2,600.1 m. (by 28.1%), effective yield of notes in effective equivalent increased from 2.43% APR to the figure in the table. [2005-01-21]