National Bank of Kazakhstan has increased limit of rediscount of promissory notes of NC KTZh CJSC to KZT1.5 bn

16.05.03 00:00
/IRBIS, May 16, 03/ - Today National company "Kazakhstan temir zholy" CJSC (NC KTZH CJSC, Astana) spread press-release, which says that by the resolution of the Board of the National Bank of Kazakhstan dated May 7 of 2003 #153 limit of rediscount of promissory notes of NC KTZH CJSC had been increased up to KZT1.5 bn. The press-release notes that NC KTZH CJSC is the active participant of promissory notes market and has successful experience at this market. Status of the first-class issuer, which was assigned to NC KTZH CJSC by the National Bank, provides the company's promissory notes with high liquidity at the secondary market. [2003-05-16]