Additional placement of note-21 at the price of 99.19 (14,15 % p.a.)

/IRBIS, 05.08.99/ - Today the National Bank of Kazakhstan carried out auction for accommodation of the notes of 21 days circulation (# 323/n, KZ8LK2708990) in the planed volume of 200 millions tenge. The cutoff price determined by the applications made was established at the level of 99.18 tenge (14.15% p.a.). The primary dilers and their investors were offered to make the additional applications at the price of 99.19 tenge (14.15% p.a.). In comparison with the previous issue the yield of the three-week notes has decreased by 0.35% (from 14.51% p.a.).