Complete results of placement of NOTE-42 #344

/IRBIS, Oct.21, 99/ - On October 21 the National Bank has conducted the 344th auction for placement of the notes with 100 tenge of nominal value and 42 days of circulation period. Announced volume of issue is determined by the emitter at KZT200 million. Satisfaction size of the incompetitive applications - 60 % from established volume. Auction was hold with additional placement which was made during the day. Type of securities NOTE-42 NSIN KZ96K0212993 Trade code at KASE NTK344.042 IRBIS' registration number 344/N Nominal value, KZT 100.00 Date of issue Oct.20, 99 Beginning of the circulation Oct.21, 99 Maturity date Dec.02, 99 Time of circulation 42days Demand, million KZT 700.3 Yield on demand weighted av., % p.a. 19.40 Planed volume, million KZT 200.0 Actual volume, million KZT 500.0 The cutting off price, KZT 98.18 The weighted average price, KZT 98.18 Maximum yield, % p.a. 16.07 Weighted average yield., % p.a. 16.07 Weighted average yield., eff., % p.a. 17.24 By the auction results it is possible to tell, that even the long notes are interested for the investors. It is illustrated by a high yield: the effective rate has grown by 40 percentage points as against to the previous non-indexed notes placement. On the other hand, despite normalization in the currency sector, demand remains mach low then it was in summer.