National Bank's notes-35 of #716 issue - floatation results

/IRBIS, September 30, 02/ - Today the National Bank of Kazakhstan (NBK) held the 716th auction for floatation of notes with KZT100 par value and 35- 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-35 Notes-35 NSIN KZW1KD357161 KZW1KD357146 KASE trade code NTK716.035 NTK714.035 IRBIS registration number 716/N 714/N Par value, KZT 100.00 100.00 Offering date (auction) Sep 30, 02 Sep 25, 02 Settlement date Sep 30, 02 Sep 25, 02 Circulation start date Sep 30, 02 Sep 25, 02 Maturity date Nov 4, 02 Oct 30, 02 Days in circulation 35 days 35 days Planned volume, KZT m 500.0 ( 0) Number of Primary agents 9 ( 0) Demand, KZT m 943.5 (- 856.7) WA yield on demand, % APR 5.65 (+ 0.11) Actual volume, KZT m 768.6 (- 663.8) 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 floatation of notes (KZW1KD637158, notes-63 dated September 27, 02) demand decreased by KZT2,486.8m (3.6 times), actual volume of satisfied bids - by KZT2,343.9m (4.1 times) yield in effective expression increased from 5.79% % to the value mentioned in the table. [2002-09-30]