Monetary mass (M3) in Kazakhstan as of March 1, 2001 - KZT404.1 bln

/IRBIS, Apr 17, 01/ - REUTERS informs, with the reference to the Statistics agency of Kazakhstan, that as of March 1, 2001 the volume of monetary mass (M3) increased by 5.4% compared to February, at KZT404.1 bln. It is said that the proportion of the cash declined by 0.2% during February 2001. Issue of banknotes equaled KZT3.7 bln in February 2001, was added. Following is the dynamics of the monetary mass at the end of the month (in bln KZT, as of the end of the period): --------------------------------------------------- February January Aggregate 2001 2001 2000* ------------------------- -------- ------- ----- М3 401.4 380.7 399.5 М2 291.0 271.8 290.8 М1 186.2 174.6 195.4 М0 100.2 96.1 106.4 Proportion of М0 in М3, % 25.0 25.2 26.6 --------------------------------------------------- * - without final turnovers. From February 20, 2001 refinancing rate of the National Bank is set at 12.5% APR.