National Bank's notes-28 of #708 issue - floatation results

/IRBIS, September 12, 02/ - Today the National Bank of Kazakhstan (NBK) held the 708th auction for floatation of notes with KZT100 par value and 28- day circulation term. Size of satisfaction of noncompetitive applications is 50% of specified amount. The auction was conducted with additional floatation, realized during the day. Following are complete offering data and comparison with previous similar issue. --------------------------------------------------------- Type of the securities Notes-28 Notes-28 NSIN KZW1KD287087 KZW1KD287079 KASE trade code NTK708.028 NTK707.028 IRBIS registration number 708/N 707/N Par value, KZT 100.00 100.00 Offering date (auction) Sep 12, 02 Sep 10, 02 Settlement date Sep 12, 02 Sep 10, 02 Circulation start date Sep 12, 02 Sep 10, 02 Maturity date Oct 10, 02 Oct 8, 02 Days in circulation 28 days 28 days Planned volume, KZT m 500.0 ( 0) Number of Primary agents 10 (+ 1) Demand, KZT m 2,193.5 (+ 1,670.8) WA yield on demand, % APR 5.48 (- 1.05) Actual volume, KZT m 1,840.0 (+ 1,640.9) Cut-off price, % of par value 99.59 ( 0) WA price, % of par value 99.59 ( 0) Maximum yield, % APR 5.35 ( 0) Weighted average yield, % APR 5.35 ( 0) Effective WA yield, % APR 5.49 ( 0) --------------------------------------------------------- [2002-09-12]