/IRBIS, Dec.08, 99/ - Results of the next trades in domestic State Securities at Kazakhstan stock exchange including closing quotations:

Yield to Maturity, % APR Days ---------------------------- Volume, till average best best mln Currency Maturity on deals offer bid tenge

--------  -------- -------- -------- ---------- --------
KZT             43    13.07    12.98                 9.8
KZT             79             15.04 
KZT             83             15.20
KZT             86             15.44
--------  -------- -------- -------- ---------- --------
USD            174                         8.51
USD*           233    14.14    12.44                 1.8
USD          1,583           **12.73    **13.68 
--------  -------- -------- -------- ---------- --------
TOTAL                                               11.6

* MGU - bonds of local executive body of Mangistau region * AVMEKAM, full yield to maturity.

Yields, shown for securities denominated in USD, are calculated by IRBIS at the official rate on the transaction date (138.35 tenge per dollar).