Notes-28 of the 962th issue of the National Bank of Kazakhstan - results of floatation

/IRBIS, Sergey Yakovlev, February 4, 05/ - Today National Bank of Kazakhstan held the 962th 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-28 Note-28 NIN KZW1KD289620 KZW1KD288121 KASE trade code NTK028_0962 NTK812.028 IRBIS registration number 962/n 812/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Feb 4, 05 May 27, 03 Payment date Feb 4, 05 May 27, 03 Circulation start date Feb 4, 05 May 27, 03 Maturity date Feb 3, 05 Jun 24, 03 Days in circulation 28 28 Planned volume, KZT m 1 000.0 (+500.0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents N/a X Demand, KZT m 13,930.1 (+8,776.3) WA yield on demand, % APR 2.48 (-2.75) Actual volume, KZT m 12,373.7 (+7,758.7) Cut-off price, KZT 99.82 (+0.22) WA price, KZT 99.82 (+0.22) Maximum yield, % APR 2.35 (-2.88) Weighted average yield, % APR 2.35 (-2.87) Effective WA yield, % APR 2.38 (-2.97) ------------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KD429606, notes- 42 dated January 21, 05) demand increased by KZT5,200.4 m. (1.6 times), actual volume of satisfied bids - by KZT5,725.5 m. (1.9 times), effective yield of notes in effective equivalent decreased from 2.56% APR to the figure in the table. [2005-02-04]