National Bank's notes-49 of #711th issue - floatation results

/IRBIS, September 19, 02/ - Today the National Bank of Kazakhstan (NBK) held the 711th auction for floatation of notes with KZT100 par value and 35- day circulation term. Size of satisfaction of noncompetitive applications is 60% 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-35 Notes-35 NSIN KZW1KD357112 KZW1KD356155 KASE trade code NTK711.035 NTK615.035 IRBIS registration number 711/N 615/N Par value, KZT 100.00 100.00 Offering date (auction) Sep 19, 02 Jan 7, 02 Settlement date Sep 19, 02 Jan 8, 02 Circulation start date Sep 19, 02 Jan 9, 02 Maturity date Oct 24, 02 Feb 12, 02 Days in circulation 35 days 35 days Planned volume, KZT m 500.0 ( 0) Number of Primary agents 10 ( 0) Demand, KZT m 1,954.8 (+ 682.5) WA yield on demand, % APR 5.96 (- 3.80) Actual volume, KZT m 1,716.3 (+ 748.1) Cut-off price, % of par value 99.49 ( 0) WA price, % of par value 99.49 ( 0) Maximum yield, % APR 5.33 ( 0) Weighted average yield, % APR 5.33 ( 0) Effective WA yield, % APR 5.46 ( 0) --------------------------------------------------------- Relative to previous resulting floatation of notes (KZW1KD497108, notes-49 from Sep 18, 02) demand increased by KZT63.5m (3.4%), actual volume of satisfied bids - by KZT141.4m (9.0%), bonds' yield in effective expression decreased from 5.67% APR to the level, which is mentioned in the table. [2002-09-19]