Investment attractiveness of stock exchange financial instruments from February 24 through March 1, 2000

/IRBIS, March 2, 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 24 through March 1. In parentheses - figures of previous period. Financial instrument Currency Yield, % APR. --------------------- -------- ---------------- KZT (SS repo) KZT *8.03 ( -) АVМЕКАМ USD 12.31 (12.91) KKGBb USD 12.11 (12.21) KOMBb USD 11.95 ( -) BTAS USD 12.32 (12.35) МЕККАМ, notes KZT *14.38 (14.28) MEKAVM, MGU USD *8.28 (9.14) Euronotes-2 USD 9.86 ( -) Euronotes-3 USD 10.40 (10.38) --------------------- -------- ---------------- Notes: Yield of BTAS was calculated for 6 days by bid quotations; yield of KKGBb - by deals; KOMBb - as average for bid quotations. 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. Main feature of the period - acceleration of the devaluation which is estimated in the week by a trend of 22.7% APR. It made the yields of instruments denominated in tenge to grow and that of the instruments denominated in currencies to fall.