Yield of short-term notes of National Bank has decreased to 1.72% in February 2010

10.03.10 21:41
/IRBIS, March 10, 2010/ - The volume of securities of the Ministry of Finance of the Republic of Kazakhstan in circulation at the end of February 2010 amounted to KZT1,353.6 billion an increase compared to the previous month at 2.4%, indicated in the statement issued today a press release National Bank of Kazakhstan. As indicated, auctions were placed 12-month Mecca (KZT11.4 billion), 5-year MEOKAM (KZT 13.3 billion), 10-year MEUKAM (KZT 15 billion) and 18-year MEUJKAM (KZT 18 billion). Effective yield on securities was placed on the 12- month Mecca - 2.71%, 5-year MEOKAM - 5.27%, 10-year MEUKAM - 6.70%, 18-year-MEUJKAM yield was 0.01% above the level inflation. In addition, it is reported that the emission volume of notes of National Bank of Kazakhstan in February 2010 compared with January 2010 increased by 60.8% and amounted to KZT386.2 billion. Yield of short-term notes fell from 1.96% in January 2010 to 1.72% in February 2010. The volume of notes in circulation at the end of February 2010 compared with January 2010 increased by 21% and amounted to KZT824.1 billion. [2010-03-10]