Additional placement of notes-14 at 99.42 (15.17% APR)

09.09.99 00:00
/IRBIS, Sep.09, 99/ - Today the National Bank of Kazakhstan holds an auction on placement of notes with 14 days of circulation (#334/n) within a planed volume of 200 mln tenge. Primary dealers and their investors were suggested to submit additional applications at 99.42 tenge which equals to 15.17% APR. Compared with previous issuance yield of notes with 14 days of circulation grew by 158 percentage points (from 13.59% APR).