Additional placement of NOTE-14 at price 99.73 (7.04 APR)

/IRBIS, Oct.22, 99/ - On October 22 the National Bank has conducted an auction for the notes of 14 days circulation placement. Primary dealers were offered to make the additional application at the price of 99.73 that corresponds to 7.04 APR. In comparison with the previous issue the yield has reduced by 26 percentage points (from 7.30%).