National Bank notes-70 of #733 issue - floatation results

/IRBIS, November 15, 02/ - Today the National Bank of Kazakhstan (NBK) held the 733rd auction for floatation of notes with KZT100 par value and 70- 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-70 Notes-70 NSIN KZW1KD707332 KZW1KD707183 KASE trade code NTK733.070 NTK718.070 IRBIS registration number 733/N 718/N Par value, KZT 100.00 100.00 Offering date (auction) Nov 15, 02 Oct 4, 02 Settlement date Nov 15, 02 Oct 4, 02 Circulation start date Nov 15, 02 Oct 4, 02 Maturity date Jan 24, 03 Dec 13, 02 Days in circulation 70 days 70 days Planned volume, KZT m 500.0 ( 0) Number of participants - Primary agents 8 (- 2) Demand, KZT m 4,610.1 (+ 2,617.9) WA yield on demand, % APR 5.68 (- 0.16) Actual volume, KZT m 3,674.9 (+ 2,029.4) Cut-off price, KZT 98.93 (+ 0.01) WA price, KZT 98.93 (+ 0.01) Maximum yield, % APR 5.62 (- 0.05) Weighted average yield, % APR 5.62 (- 0.05) Effective WA yield, % APR 5.75 (- 0.06) ------------------------------------------------------------------- Relative to the previous successful offering of notes (KZW1KD917329, notes-91 dated November 11, 2002) demand increased by KZT407.3 m (9.7%), actual volume of satisfied bids decreased by KZT520.1 m (12.4%), bonds' yield in effective expression fell from 5.93% APR to the figure mentioned in the table. [2002-11-15]