National Bank's notes-84 of #802st issue - floatation results

/IRBIS, April 25, 03/ - Today the National Bank of Kazakhstan (NBK) held the 802st auction for floatation of notes with KZT100 par value and 84-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-84 Notes-84 NSIN KZW1KD848029 KZW1KD847989 KASE trade code NTK802.084 NTK798.084 IRBIS registration number 802/N 798/N Par value, KZT 100.00 100.00 Offering date (auction) April 25, 03 April 16, 03 Settlement date April 25, 03 April 16, 03 Circulation start date April 25, 03 April 16, 03 Maturity date July 18, 03 July 09, 03 Days in circulation 84 days 84 days Planned volume, KZT m 500.0 ( 0) Number of participants - Primary agents 9 (+ 3) Demand, KZT m 3,223.9 (+ 2,151.2) WA yield on demand, % APR 5.53 ( 0) Actual volume, KZT m 3,203.2 (+ 2,180.9) Cut-off price, KZT 98.74 ( 0) WA price, KZT 98.74 ( 0) Maximum yield, % APR 5.53 ( 0) Weighted average yield, % APR 5.53 ( 0) Effective WA yield, % APR 5.65 ( 0) ------------------------------------------------------------------- Relative to the previous successful notes offering (KZW1KD918012, notes- 91 dated April 24, 03) demand decreased by KZT4,961.6 m (2.5 times), actual volume of satisfied bids - by KZT911.9 m (1.9 times), bonds' yield in effective expression decreased from 5.68% APR to the figure, which is shown in the table. [2003-04-25]