Notes-28 of the 968th issue of the National Bank of Kazakhstan - results of floatation

/IRBIS, Sergey Yakovlev, March 18, 05/ - Today National Bank of Kazakhstan held the 968th 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-28 Notes-28 NIN KZW1KD289687 KZW1KD289620 KASE trade code NTK028_0968 NTK028_0962 IRBIS registration number 968/n 962/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Mar 18, 05 Feb 4, 05 Payment date Mar 18, 05 Feb 4, 05 Circulation start date Mar 18, 05 Feb 4, 05 Maturity date Apr 15, 05 Feb 4, 05 Days in circulation 28 28 Planned volume, KZT m 1,000.0 (0) Limits on uncompetitive, % 50 (0) Demand, KZT m 34,477.5 (+20,547.4) WA yield on demand, % APR 2.35 (-0.13) Actual volume, KZT m 32,471.4 (+20,097.8) Cut-off price, KZT 99.82 (0) WA price, KZT 99.82 (0) Maximum yield, % APR 2.35 (0) Weighted average yield, % APR 2.35 (0) Effective WA yield, % APR 2.38 (0) --------------------------------------------------------- Relative to previous successful placement of notes (KZW1KD499674, notes- 49 on March 11, 05) demand rose by KZT4,890.6 m (by 16.5%), actual volume of satisfied bids - by KZT4,891.5m (by 17.7%), yield on bond in effective term dipped from 2.57% APR to the value shown in the table. [2005-03-18]