National Bank notes-35 of #730 issue - floatation results

/IRBIS, November 6, 02/ - Today the National Bank of Kazakhstan (NBK) held the 730th 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 KZW1KD357302 KZW1KD357161 KASE trade code NTK730.035 NTK716.035 IRBIS registration number 730/N 716/N Par value, KZT 100.00 100.00 Offering date (auction) Nov 6, 02 Sep 30, 02 Settlement date Nov 6, 02 Sep 30, 02 Circulation start date Nov 6, 02 Sep 30, 02 Maturity date Dec 11, 02 Nov 4, 02 Days in circulation 35 days 35 days Planned volume, KZT m 500.0 ( 0) Number of participants - Primary agents 9 (,0) Demand, KZT m 2,482.1 (+,1,538.7) WA yield on demand, % APR 5.44 (-,0.21) Actual volume, KZT m 2,313.1 (+,1,544.5) Cut-off price, KZT 99.49 ( 0) WA price, KZT 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 the previous successful offering of notes (KZW1KD917295, notes-91 dated November 1, 2002) demand decreased by KZT444.5m (15.2%), actual volume of satisfied bids - by KZT447.5m (16.2%), notes yield in effective expression fell from 5.97% APR to the figure mentioned in the table. [2002-11-06]