National Bank's notes-63 of #715 issue - floatation results

27.09.02 00:00
/IRBIS, September 27, 02/ - Today the National Bank of Kazakhstan (NBK) held the 715th auction for floatation of notes with KZT100 par value and 63- 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-63 Notes-63 NSIN KZW1KD637158 KZW1KD636978 KASE trade code NTK715.063 NTK697.063 IRBIS registration number 715/N 697/N Par value, KZT 100.00 100.00 Offering date (auction) Sep 27, 02 Aug 7, 02 Settlement date Sep 27, 02 Aug 7, 02 Circulation start date Sep 27, 02 Aug 7, 02 Maturity date Nov 29, 02 Oct 9, 02 Days in circulation 63 days 63 days Planned volume, KZT m 500.0 ( 0) Number of Primary agents 12 (- 1) Demand, KZT m 3,430.2 (+ 1,405.1) WA yield on demand, % APR 5.72 (- 0.12) Actual volume, KZT m 3,112.5 (+ 1,527.5) Cut-off price, % of par value 99.03 ( 0) WA price, % of par value 99.03 ( 0) Maximum yield, % APR 5.66 ( 0) Weighted average yield, % APR 5.66 ( 0) Effective WA yield, % APR 5.79 ( 0) --------------------------------------------------------- Relative to previous floatation of notes (KZW1KD357146, notes-35 dated September 25, 02) demand increased by KZT1,630.0m (2.0 times), actual volume of satisfied bids - by KZT1,680.1m (2.2 times) yield in effective expression increased from 5.46% % to the value mentioned in the table. [2002-09-27]