National Bank's notes-280 of 899th issue - floatation results

National Bank's notes-280 of 899th issue - floatation results /IRBIS, Sergey Yakovlev, February 12, 04/ - Today the National Bank of Kazakhstan (NBK) held the 899th auction on floatation of short-term notes. The auction was organized with additional floatation realized during the day. Following is complete results of floatation and comparison with previous relevant issue. ----------------------------------------------------------------- Type of the securities Notes-280 Notes-280 NIN KZW1KW408997 KZW1KW408898 KASE trade code NTK280_0899 NTK889.280 IRBIS registration number 899/n 889/n Par value, KZT 100.00 100.00 Time basis actual/365 actual/365 Offering date (auction) Feb 12, 04 Jan 8, 04 Payment date Feb 12, 04 Jan 8, 04 Circulation start date Feb 12, 04 Jan 8, 04 Maturity date Nov 18, 04 Oct 14, 04 Days in circulation 280 280 Planned volume, KZT m 1,000.00 (0) Limits on uncompetitive, % 50 (0) Number of participants - Primary agents 15 (+1) Demand, KZT m 5,260.7 (-10,582.7) WA yield on demand, % APR 5.14 (+0.10) Actual volume, KZT m 4,886.8 (-9,946.5) Cut-off price, KZT 96.30 (0) WA price, KZT 96.30 (0) Maximum yield, % APR 5.01 (0) Weighted average yield, % APR 5.01 (0) Effective WA yield, % APR 5.01 (0) ----------------------------------------------------------------- Relative to previous successful floatation of notes (KZW1KW288985, notes- 196 on February 10, 04) demand fell down by KZT1,135.1 m (1.22 times), actual volume of satisfied bids - by KZT808.9 m (1.17 times), effective yield of notes increased from 4.95%APR to the value indicated in the table. [2004-02-12]