Investment attractiveness of stock exchange financial instruments from February 10 through 16, 2000

/IRBIS, Feb.16, 00/ - Following is the table that allows to compare investment attractiveness of the financial instruments, which were regularly traded or quoted (thanks to the market-makers) at KASE from February 10 through 16. Investment attractiveness of stock exchange financial instruments from February 10 through 16, 2000 Financial instrument Currency Yield, % APR. ---------------------- -------- -------------- АVМЕКАМ USD 12.74 (12.89) KKGBb USD 13.00 (13.01) BTAS USD 12.38 (12.41) МЕККАМ, notes KZT *15.53 (18.25) MGU USD *14.48 (8.60) Euronotes-2 USD 9.89 ( -) Euronotes-3 USD 10.60 (10.98) ---------------------- -------- -------------- Notes: Yield of OJSC "Bank TuranAlem" shares (BTAS) was calculated for 6 days by bid quotations; yield of KKGBb - average for bid quotations; MGU - bonds of Mangistau region. The yields, shown here, do not incorporate overhead expenses that are inevitable when conducting operations and fixing profits (commission and tax collections, membership fees etc). Marked by a star are the instruments with less than a year circulation term. Weighted average effective yields are given for them. Key moment of the period was a stability of tenge towards the dollar and growing inclination of the national currency towards increase. During the period, based on weighted average of the Exchange, tenge revalued against the dollar at an average of 1.37% APR. However, the exchange rate of the dollar grew at the beginning of the week and was falling at the end of it. Variability of the trend caused the yields of practically all instruments to fall, irrespective of the currency they were denominated in.