Additional placement of NOTE-28 at the price of 98.81 (15.66% p.a.)

14.10.99 00:00
/IRBIS, Oct.14, 99/ - On October 14 the National Bank conducts an auction for placement of the notes with 28 days of circulation period (# 343/n) at the planed volume of KZT200 million. Primary dealers were offered to make the additional auction was hold with additional placement at the price of 98.81 (15.66% p.a.). As against to the previous session the yield of 4-weeks notes was reduced by 213 percentage points (from 17.79% p.a.).