National Bank's notes-91 of #777 issue - floatation results

/IRBIS, February 21, 03/ - Today the National Bank of Kazakhstan (NBK) held the 777th auction for floatation of notes with KZT100 par value and 91- day circulation term. Size of satisfaction of noncompetitive bids 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 comparable issue. ------------------------------------------------------------------- Type of the securities Notes-91 Notes-91 NSIN KZW1KD917774 KZW1KD917766 KASE trade code NTK777.091 NTK776.091 IRBIS registration number 777/N 776/N Par value, KZT 100.00 100.00 Offering date (auction) Feb. 21, 03 Feb 19, 03 Settlement date Feb. 21, 03 Feb 19, 03 Circulation start date Feb. 21, 03 Feb 19, 03 Maturity date May 23, 03 May 21, 03 Days in circulation 91 days 91 days Planned volume, KZT m 500,0 ( 0) Number of participants - Primary agents 11 (- 2) Demand, KZT m 6,474.2 (+1,446.7) WA yield on demand, % APR 5.64 (- 0.08) Actual volume, KZT m 5,474.1 (+2,615.0) Cut-off price, KZT 98.60 (+ 0.01) WA price, KZT 98.60 (+ 0.01) Maximum yield, % APR 5.60 (- 0.04) Weighted average yield, % APR 5.60 (- 0.04) Effective WA yield, % APR 5.72 (- 0.04) ------------------------------------------------------------------- [2003-02-21]