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.