Additional placement of notes-35 at 98.61 (14.66% APR)
03.09.99 00:00
/IRBIS, Sept.03, 99/ - Today the National Bank of Kazakhstan holds an
auction on placement of notes with 35 days of circulation (#332/n) within a
planed volume of 200 mln tenge.
After processing submitted applications the cut-off price was determined
at 98.61 tenge (14.66% APR). Primary dealers and their investors were
suggested to submit additional applications at 98.61 tenge which equals to
14.66% APR.
Compared with previous issuance yield of notes-35 did not change.