Yield of notes-35 of 354th issue - 13.38% APR

/IRBIS, Dec.8, 99/ - Today the National Bank held the next auction for notes with 35 day circulation term (#354/n, KZ95K1301A09). Weighted average yield of the debt was settled at 13.38% APR (98.73 tenge for a note) with the maximum rate of 13.70% APR (98.70 for a note). With an announced issue volume of 300 mln tenge the emitter raised 533.4 mln tenge. Yield of the notes with 35 day circulation term did not change relative to last issue. Complete results of the auction will be send by IRBIS only tomorrow.