/IRBIS, Feb 22, 02/ - Today the National Bank of Kazakhstan (NBK) held the 639th auction for floatation of notes with KZT100 par value and 84 day circulation term. Size of satisfaction of noncompetitive applications is 50% of specified amount.

Auction was conducted with extra floatation, realized during the day. Following are issue parameters, auction results and comparison with parameters of previous similar issue.

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Type of the securities         Ноты-84       Notes-84
NSIN                           KZW1KD846395  KZW1KD846361
KASE trade code                NTK639.084    NTK636.084
IRBIS registration number      639/N         636/N
Par value, KZT                 100.00        100.00
Offering date (auction)        Feb 22,02     Feb 19,02
Settlement date                Feb 23,02     Feb 20,02
Circulation start date         Feb 23,02     Feb 21,02
Maturity date                  May 18,02     May 15,02
Days in circulation            84            84
Planned volume, KZT m          500.0         ( 0)
Number of Primary agents       7             ( 0)
Demand, KZT m                  304.7         (+ 47.4)
WA yield on demand, % APR      12.25         (-0.54)
Actual volume, KZT m           145.3         (+ 111.3)
Cut-off price, % of par value  98.64         ( 0)
WA price, % of par value       98.64         ( 0)
Maximum yield, % APR           5.97          ( 0)
Weighted average yield, % APR  5.97          ( 0)
Effective WA yield, % APR      6.10          ( 0)
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Nothing new is happening in the sector.