December 14, 1998
Primary Auctions
On 7 December the Finance Ministry and the National Bank of Kazakhstan held the 93rd auction of 6-month T-bills. Unlike the previous week, the auction was a success and the placed volume reached KZT 1,470m (USD 17.69m), exceeding the target by almost 5 times.
Latest issues of 6-month T-bills
91 |
27.05.99 |
89.85 |
22.59 |
93 |
10.06.99 |
89.49 |
23.49 |
Compound Yields vs. Volumes at Primary Auctions of 6-month T-bills

The average yield on 3-month T-bills rose to 23.06% at an auction held on 8 December. Although traditionally the planned volume is set at KZT 400m (USD 4.8m), the Finance Ministry raised KZT 600m (USD 7.22m).
Latest issues of 3-month T-bills
213 |
04.03.99 |
94.58 |
22.92 |
214 |
11.03.99 |
94.55 |
23.06 |
Compound Yields vs. Volumes at Primary Auctions of 3-month T-bills

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