Additional placement of currency notes-21 at 99.58 (7.31% APR)

15.10.99 00:00
/IRBIS, Oct.15, 99/ - Today the National Bank of Kazakhstan holds an auction on placement of currency notes with 21 days of circulation (# 13/$n) within a planned volume of 2 mln dollars. Primary dealers and their investors were asked to submit additional applications at 99.58 tenge, which corresponds to 7.31 APR. Compared with previous issue yield of three week currency notes did not change.