Additional placement of NOTE-14 at the price of 99.43 (14.90% p.a.)

07.10.99 00:00
/IRBIS, Oct.07, 99/ - Today the National Bank conducts auction for placement of the notes with 14 days of circulation period (# 341/n). Scheduled volume is 200 million tenges. Primary dealers and their investors were offered to make additional application at the price of 99.43 tenge, which corresponds to the yield of 14.90% p.a. In comparison with the previous issue the yield of two-weeks notes Decreased by 26 percentage points (from 15.17% p.a.).