Seventheenth Issue of notes-3 was canceled

11.11.99 00:00
/IRBIS, Nov.11, 99/ - November 11 the National Bank has conducted auction for placement of the 17th issue of notes-17 with 21 days of circulation. The emitter determines announced volume of issue at 2 million tenges. Satisfaction size of the non-competitive applications - 60% from the established volume. After the analysis of the applications the issue was recognized as not holding. As the employee of the Ministry of Finance has declared to KASE, the issue was cancelled because of unacceptable prices stated by the Primary dealers and their customers.