On KASE demand for the state securities exceeds offer

/IRBIS, 10.08.99/ - Today the free quoting was reinstated in the state securities sector on KASE. The day results shows that the demand for the not indexed short securities essentially exceeds the offer. It is remarkable that the rates, on which buyers agree to conduct the transactions today, essentially less than the auction yield of synchronous tools. The results of the regular trade by internal state securities on the Kazakhstan stock exchange are given below: Yield to Maturity, % per year Days ----------------------------- Volume, till Best Best million Currency redemption Average demand supply tenge -------- ---------- ------- ------ ------ -------- KZT 2 9.10 7.28 50.245 KZT 9 13.80 KZT 10 13.15 KZT 17 12.92 70.147 -------- ---------- ------- ------ ------ -------- USD 16 7.07 7.07 91.008 -------- ---------- ------- ------ ------ -------- TOTAL 211.400 The calculation of the state securities yield is made using the official rate of the National Bank (132.00 tenge per dollar).