Additional placement of notes-21 at 99.25 (13.10% APR)

/IRBIS, Jan.20, 00/ - Today the National Bank of Kazakhstan holds an auction for placing the notes with 21 day of circulation (#364/n) within planned volume of KZT500 mln. After processing submitted applications cut-off price was settled at 99.25 tenge (13.10% APR). Primary dealers and their clients were suggested to submit additional applications at 99.25 tenge, which corresponds to 13.10% APR. Last time non-indexed notes with 21 day of circulation were issued on August 19, 1999.