Additional placement of notes-42 at 98.52 (13.02% APR)

/IRBIS, March 7, 00/ - Today the National Bank of Kazakhstan holds an auction for placing the notes with 42 days of circulation (#375/n) within planned volume of KZT300 mln. After processing submitted applications cut-off price was settled at 98.52 tenge (13.02% APR). Primary dealers and their clients were suggested to submit additional applications at 98.52 tenge, which corresponds to 13.02% APR. Compared to previous issue yields of notes with 42 day circulation term did not change.