Notes-49 of the 966th issue of the National Bank of Kazakhstan - results of floatation

/IRBIS, Yelena Korpusenko, March 4, 05/ - Today National Bank of Kazakhstan held the 966th 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 Notes-49 Notes-49 NIN KZW1KD499666 KZW1KD499567 KASE trade code NTK049_0966 NTK049_0956 IRBIS registration number 966/n 956/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Mar 4, 05 Dec 24, 04 Payment date Mar 4, 05 Dec 24, 04 Circulation start date Mar 4, 05 Dec 24, 04 Maturity date Apr 22. 05 Nov 11, 05 Days in circulation 49 49 Planned volume, KZT m 1,000.0 (+500.0) Limits on uncompetitive, % 50 (0) Demand, KZT m 30,308.5 (+68.3) WA yield on demand, % APR 2.54 (-0.45) Actual volume, KZT m 26,314.5 (+116.5) Cut-off price, KZT 99.67 (+0.06) WA price, KZT 99.67 (+0.06) Maximum yield, % APR 2.47 (-0.45) Weighted average yield, % APR 2.47 (-0.45) Effective WA yield, % APR 2.50 (-0.46) --------------------------------------------------------- Relative to previous successful placement of notes (KZW1KD499666, notes- 49 on February 25, 05) demand fell by KZT3,299.4 m (by 9.8%), actual volume of satisfied bids - by KZT4,421.1m (by 13.9%), yield on bond in effective term dipped from 2.43% APR to the value shown in the table. [2005-03-04]