Ninth issue of note-07 was cancelled
22.09.99 00:00
/IRBIS, Sep.22, 99/ - On September 22 the National Bank has conducted
auction for placement of the notes of 7 days circulation period. Announced
volume of issue is determined by the emitter at $2 million. Satisfaction size
of the incompetitive applications - 60 % from established volume.
After analysis of the applications made the issue was recognized as
not holding.
As the employee of the National Bank has declared on KASE, the issue was
cancelled because of unacceptable prices stated by the Primary dealers and
their customers.