Complete results of placement of NOTE-49 #352

/IRBIS, Nov.24, 99/ - On November 24 the National Bank has conducted the 352nd auction for placement of the notes with 100 tenge of nominal value and 49 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. The complete data and comparison with the previous placement are given below. Type of securities NOTE-49 NOTE-49 NSIN KZ97K1301A07 KZ97K3012992 Trade code at KASE NTK352.049 NTK349.049 IRBIS' registration number 352/N 349/N Nominal value, KZT 100.00 100.00 Date of issue Nov.24, 99 Nov.10, 99 Beginning of circulation Nov.25, 99 Nov.11, 99 Maturity date Jan.13, 99 Dec.30, 99 Time of circulation 49 days 49 days Demand, million KZT 2 149,3 (+ 1 561,6) Yield on demand weighted av., % p.a. 13,77 (- 1,16) Planed volume, million KZT 300,0 (+ 100,0) Actual volume, million KZT 1 475,5 (+ 928,3) The cutting off price, KZT 98,18 (+ 0,02) The weighted average price, KZT 98,20 (+ 0,04) Maximum yield, % p.a. 13,77 (- 0,15) Weighted average yield., % p.a. 13,62 (- 0,31) Weighted average yield., eff., % p.a. 14,44 (- 0,35) In comparison with securities of the Ministry of Finance, notes look for the investors more attractive due to the short term of circulation. The emitter has received the big and soft demand and also has essentially reduced the yield. In result this week will be finished with a positive net - drawing balance. Obviously, that such notes will be popular in the near future, and the National Bank will continue to decrease the rates.