Additional placement of 28 day notes at 98.91 (14.33% APR)

/IRBIS, 06.08.99/ - Today the National Bank of Kazakhstan held an auction on placement of 28 day notes (#324/n, KZ8S0309994) within the planed volume of 200 mln. tenge. After processing of submitted applications the cut-off price was identified at the level of 98.91 tenge (14.33% APR). Primary dealers and their investors were offered to submit additional applications at the price of 98.91 tenge, which is equal to the yield of 14.33 APR.