National Bank's notes-91 of #778 issue - floatation results

/IRBIS, February 25, 03/ - Today the National Bank of Kazakhstan (NBK) held the 778th 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 KZW1KD917782 KZW1KD917774 KASE trade code NTK778.091 NTK777.091 IRBIS registration number 778/N 777/N Par value, KZT 100.00 100.00 Offering date (auction) Feb. 25, 03 Feb. 21, 03 Settlement date Feb. 25, 03 Feb. 21, 03 Circulation start date Feb. 25, 03 Feb. 21, 03 Maturity date May 27, 03 May 23, 03 Days in circulation 91 days 91 days Planned volume, KZT m 500,0 ( 0) Number of participants - Primary agents 12 (+ 1) Demand, KZT m 5,498.4 (- 975.8) WA yield on demand, % APR 5.68 (+ 0.04) Actual volume, KZT m 3,181.7 (-2,292.4) Cut-off price, KZT 98.62 ( 0) WA price, KZT 98.62 ( 0) Maximum yield, % APR 5.60 ( 0) Weighted average yield, % APR 5.60 ( 0) Effective WA yield, % APR 5.72 ( 0) ------------------------------------------------------------------- [2003-02-25]