Additional placement of notes-07 at 99.71 (15.12% APR)

10.09.99 00:00
/IRBIS, Sep.10, 99/ - Today the National Bank of Kazakhstan holds an auction on placement of notes with 7 days of circulation (#335/n) within a planed volume of 200 mln tenge. Primary dealers and their investors were suggested to submit additional applications at 99.71 tenge which equals to 15.12% APR. Compared with previous issuance yield of notes with 7 days of circulation went down by 52 percentage points (from 15.65% APR).