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14.05.2001 00:00

Deposit rates of the National Bank of Kazakhstan for May 14

/IRBIS, May 14, 01/ - The National Bank of Kazakhstan has set quotations to attract money to deposits for the amounts not less than KZT10 millions (in percents per year) established from May 14, 2001.

The National Bank uses the ICD to attract tenge deposits at current exchange market rates on the day of tenge deposit. The withdrawal is made in tenge based on exchange market rate on the day of the withdrawal.

Tenge deposits ICD* ---------------- ---------------- today yesterday today yesterday

---------  -----  ---------  -----  ---------
Overnight      -          -      -          -
Tomnext        -          -      -          -
1 week       2.0        2.0      -          -
2 weeks      2.5        2.5      -          -
1 month      3.0        3.0      -          -
---------------------------------------------
*ICD - indexed currency deposit

Lending rate for overdraft loans - 11.0% APR (11.0).

Comments: in parentheses are figures for previous day.