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Market and Company News
26.08.1999 00:00

Additional placement of NOTE-28 at 98.19 tenge (14.19% p.a.)

/IRBIS, Aug.26, 99/ - On August 26 the National Bank has conducted the auction for placement of the notes of 28 days maturity (#330/n). Announced volume of issue is determined by the emitter at KZT200 million.

After processing of all applications the cut-off price was determined at 98.92 tenge (14.19% p.a.), which price was offered to the investors.

In comparison with the previous issue the yield decreased by 13% p.a. from 14.33% p.a.