National Bank notes-63 of #721 issue - floatation results

/IRBIS, October 10, 02/ - Today the National Bank of Kazakhstan (NBK) held the 721st 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 KZW1KD637216 KZW1KD637158 KASE trade code NTK721.063 NTK715.063 IRBIS registration number 721/N 715/N Par value, KZT 100.00 100.00 Offering date (auction) Oct 10, 02 Sep 27, 02 Settlement date Oct 10, 02 Sep 27, 02 Circulation start date Oct 10, 02 Sep 27, 02 Maturity date Dec 12, 02 Nov 29, 02 Days in circulation 63 days 63 days Planned volume, KZT m 500.0 ( 0) Number of participants - Primary agents 8 (- 4) Demand, KZT m 1,813.2 (- 1,617.1) WA yield on demand, % APR 5.72 ( 0) Actual volume, KZT m 1,694.5 (- 1,418.5) Cut-off price, KZT 99.03 ( 0) WA price, KZT 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 the previous successful offering of notes (KZW1KD917204, notes-91 dated October 8, 2002) demand decreased by KZT82.6m (4.36%), actual volume of satisfied bids - by KZT88.1m (5%), bonds yield in effective expression went down from 5.97% APR to the figure mentioned in the table. [2002-10-10]