Additional placement of notes-49 at 98.22 (13.46% APR)

/IRBIS, Dec.24, 99/ - Today the National Bank holds the next auction for notes with 49 day circulation term (#356/n) within an announced volume of 300 mln tenge. Primary agents and their investors were suggested to submit additional applications at 98.22 tenge, 13.46 APR. Compared to previous issue yield of notes with 49 circulation term decreased 8 percentage points (from 13.54% APR).