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

/IRBIS, Aug.20, 99/ - Today the National Bank of Kazakhstan holds an auction on placement of notes with 35 days of circulation (#328/n) within a planed volume of 200 mln tenge. After processing submitted applications the cut-off price was determined at the level of 98.61 tenge (14.66% APR). Primary dealers and their investors were offered to submit additional applications at 98.61 tenge which is equal to 14.66% APR. Compared with the previous issuance yield of notes-35 has not changed.