Additional placement of notes-42 at price of 99.18 (16.07% APR)

20.10.99 00:00
/IRBIS, Oct.20, 99/ - Today the National Bank of Kazakhstan holds an auction on placement of currency notes with 42 days of circulation (# 344/n) within a planned volume of 200 mln tenges. Primary dealers and their investors were asked to submit additional applications at 99.18 tenge, which corresponds to 16.07 APR.