Issue #342 of note-42 was cancelled

/IRBIS, Oct.13, 99/ - October 13, 99 the National Bank of Kazakhstan has conducted auction for placement of the 342nd issue of notes with 42 days of circulation period. The emitter determines announced volume of issue at 200 million tenges. 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 Ministry of Finance has declared to KASE, the issue was cancelled because of unacceptable prices stated by the Primary dealers and their customers.