Notes-14 of the 969th issue of the National Bank of Kazakhstan - results of floatation

/IRBIS, Sergey Yakovlev, March 25, 05/ - Today National Bank of Kazakhstan held the 969th 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-14 Notes-14 NIN KZW1KD149691 KZ8EK0901A12 KASE trade code NTK014_0969 NTK014_0477 IRBIS registration number 969/n 477/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/364 Offering date (auction) Mar 25, 05 Dec 25, 00 Payment date Mar 25, 05 Dec 25, 00 Circulation start date Mar 25, 05 Dec 25, 00 Maturity date Apr 8, 05 Jan 9, 01 Days in circulation 14 14 Planned volume, KZT m 1,000.0 (+100.0) Limits on uncompetitive, % 50 (-10.0) Demand, KZT m 18,127.6 (+17,347.9) WA yield on demand, % APR 2.35 (-4.45) Actual volume, KZT m 16,879.1 (+16,109.4) Cut-off price, KZT 99.91 (+0.17) WA price, KZT 99.91 (+0.17) Maximum yield, % APR 2.35 (-4.45) Weighted average yield, % APR 2.35 (-4.43) Effective WA yield, % APR 2.38 (-4.63) --------------------------------------------------------- Relative to previous successful placement of notes (KZW1KD289687, notes- 28 on March 18, 05) demand dipped by KZT16,350.0 m (by 47.4%), actual volume of satisfied bids - by KZT15,592.3m (by 48.0%), yield on bond in effective term remained unchanged. [2005-03-25]