Additional placement of notes-28 at 98.99 (13.26% APR)

/IRBIS, Dec.27, 99/ - Today the National Bank of Kazakhstan holds an auction for placing the notes with 28 days of circulation (#357/n) within planned volume of KZT300 mln. After processing submitted applications cut-off price was settled at 98.97 tenge (13.53% APR). Primary dealers and their clients were suggested to submit additional applications at 98.99 tenge, which corresponds to 13.26% APR.