Complete results of placement of indexed notes-21 #13/$n

/IRBIS, Oct.18, 99/ - On October 15 the National Bank of held the next auction on placement of indexed at devaluation notes. Announced volume of the issue is determined by the emitter at $2 mln. Size of satisfaction of noncompetitive applications is 60%. The auction was held with additional placement carried out within the same day. Following is the complete placement data and comparison with previous similar tranche. Type of the securities BNotes-21 BNotes-21 NSIN KZ8LK0511990 KZ8LK2910992 KASE trade code NTU021.013 NTU021.012 IRBIS registration number 13/$n 12/$n Nominal value, tenge 100.00 100.00 Issuance date Oct.15,99 Oct.08,99 Circulation start date Oct.15,99 Oct.08,99 Maturity date Nov.05,99 Oct.29,99 Days in circulation 21 21 Demand, mln tenge 5.756 (+0.268) Weighted average yield on demand, % APR 7.84 (-0.87) Planned volume, mln USD 2.0 (0) Actual volume, mln USD 5.577 (+1.862) Cut-off price, % of nominal 99.58 (0) Weighted average price, % of nominal 99.58 (0) Maximum yield, % APR 7.31 (0) Weighted average yield, % APR 7.31 (0) Effective weighted average yield, % APR 7.31 (0) Yield is given in currency terms. The National Bank finished the week with quiet placement, which reflects the balance between demand and supply on the market. The instrument looked quite attractive taking into account that deficit of tenge will come to an end soon, and on Thursday the dollar exchange rate may resume its ascend. It was the lack of tenge that did not allow the participants to ask more. In IRBIS analysts opinion, the conjuncture of the primary market for notes can not change this week. More likely, the participants will be interested in non-indexed short term instruments also, and whose yield may lower as a result.