Additional placement of notes-21 at 99.20 (13.98% APR)

/IRBIS, Aug. 13, 99/ - Today the National Bank of Kazakhstan holds an auction on placement of notes with 21 days of circulation (#326/n) within a planed volume of 200 mln tenge. After processing submitted applications the cut-off price was determined at the level of 99.20 tenge (13.98% APR). Primary dealers and their investors were offered to submit additional applications at 99.20 tenge which is equal to 13.98% APR. Compared with the previous issuance yield of three week notes has decreased by 18 percentage points (from 14.15% APR).