Additional placement of notes-35 at 98.58 (14.98% APR)

/IRBIS, Sep.08, 99/ - Today the National Bank of Kazakhstan holds an auction on placement of notes with 35 days of circulation (#333/n) within a planed volume of 200 mln tenge. Primary dealers and their investors were suggested to submit additional applications at 98.58 tenge which equals to 14.98% APR. Compared with previous issuance yield of notes with 35 days of circulation grew by 32 percentage points (from 14.66% APR).