Additional placement of notes-28 at the price of 98.99 (13.26%p.a.)

/IRBIS, Nov.12, 99/ - November 12 the National Bank conducts an auction on placement of hard currency notes with 28 days of circulation period #350/n. Announced volume of issue is determined by the emitter at 200 million tenges. The primary dealers were offered to make the additional applications at the price of 98.99 which correspond to 13.26% p.a. In comparison with the previous issue the yield has decreased by 186 percentage points (from 15.21% p.a.).