Issue of indexed notes-14 was canceled

/IRBIS, Sep.24, 99/ - September 24 the National Bank has conducted auction for placement of the 10th issue of indexed notes with circulation of 14 days. The emitter determines announced volume of issue at 2 million US dollars. Satisfaction size of the incompetitive applications - 60% from the established volume. After the analysis of the applications 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.