/IRBIS, July 29, 02/ - Today the National Bank of Kazakhstan (NBK) held the 694th auction for floatation of notes with KZT100 par value and 77 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.

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Type of the securities         Notes-77        Notes-77
NSIN                           KZW1KD776949    KZW1KD776931
KASE trade code                NTK694.077      NTK693.077
IRBIS registration number      694/N           693/N
Par value, KZT                 100.00          100.00
Offering date (auction)        July 29, 02     July 26, 02
Settlement date                July 29, 02     July 26, 02
Circulation start date         July 29, 02     July 26, 02
Maturity date                  October 14, 02  October 11, 02
Days in circulation            77 days         77 days
Planned volume, KZT m          500.0           ( 0)
Number of Primary agents       5               (- 3)
Demand, KZT m                  707.0           (+ 227.6)
WA yield on demand, % APR      6.52            (+ 0.49)
Actual volume, KZT m           550.0           (+ 349.5)
Cut-off price, % of par value  98.80           ( 0)
WA price, % of par value       98.80           ( 0)
Maximum yield, % APR           5.74            ( 0)
Weighted average yield, % APR  5.74            ( 0)
Effective WA yield, % APR      5.87            ( 0)
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[2002-07-29]