Additional placement of notes-35 at 98.61 (14.66% APR)

08.08.99 00:00
/IRBIS, Aug. 08, 99/ - Today the National Bank of Kazakhstan holds an auction on placement of notes with 35 days of circulation (#325/n) within a planed volume of 200 mln tenge. After processing submitted applications the cut-off price was determined at the level of 98.60 tenge (14.77% APR). Primary dealers and their investors were offered to submit additional applications at 98.61 tenge which is equal to 14.66% APR.