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Investment attractiveness of debt instruments on KASE within the period of October 11-17, 2007
/IRBIS, Valeriy Khegay, October 18, 07/ - Following is the table that allows to compare investment attractiveness of debt financial instruments, which were regularly traded or quoted on Kazakhstan stock exchange (KASE) within the period of October 11-17, 2007. Trends are given relative to previous week. Instruments are given in descending order of earnings yield for a buyer within indicated groups.
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Yield, % APR.
Financial ------------- Coupon, Term,
instrument value trend % APR. years
----------------------- ------ ----- --------- ---------
Non-indexed instruments, denominated in tenge
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NRBNb4 15.50 +2.80 8.00 1.2
RGBRb4 14.25 +0.25 8.00 3.8
aASFIb9 14.00 +0.80 8.00 13.6
ASFIb9 14.00 +1.52 8.00 13.6
EXBNb1 14.00 +2.00 9.00 6.1
KIBNb3 14.00 0 10.00 2.8
MAG_b1 12.44 -0.02 12.00 1.9
KAZIb2 12.00 +1.50 10.00 4.1
KKI_b1 12.00 0 8.00 2.9
KRZHb1 12.00 0 14.00 3.2
NRBNb5 12.00 +0.75 7.50 8.6
TEBNb4 12.00 0 8.00 7.7
TSBNb2 12.00 +0.95 9.00 4.8
aMAG_b1 11.92 +0.01 12.00 1.9
TSBNb3 11.50 +0.29 8.00 1.3
CSBNb6 11.25 +0.90 8.50 7.6
aASFIb8 11.10 +0.80 6.00 3.6
ASFIb8 11.10 +1.51 6.00 3.6
aTSASb1 11.00 0 9.00 4.2
KAZIb1 11.00 0 10.00 1.3
PRKRb2 11.00 0 8.00 5.4
TEBNb12 11.00 0 9.00 2.5
TXBNb2 11.00 0 11.00 2.7
MREKb2 10.80 0 13.00 2.9
TSNAb1 10.70 0 9.00 1.7
ASNDb1 10.26 - - 0.01
HSBKb3 10.20 +1.06 9.00 1.7
aHSBKb3 10.02 -0.03 9.00 1.7
ALLZb1 10.00 0 9.50 3.9
ASBNb4 10.00 -3.49 7.00 0.5
ASBNb5 10.00 -1.50 7.00 0.9
BTAIb1 10.00 0 10.00 3.2
TSBNb4 10.00 0 8.00 3.7
Repo CS* 9.98 -1.06 - 0-1.0
ASFIb12 9.90 +1.47 7.80 11.5
CACMb1 9.80 0 9.00 3.8
KZIKb11 9.75 +1.00 6.90 7.5
aASFIb10 9.50 0 7.50 9.0
aASFIb11 9.50 0 7.50 9.0
aHSBKb7 9.50 0 7.50 7.2
ASBNb6 9.50 -4.57 8.50 1.5
ASFIb10 9.50 0 7.50 9.0
ASFIb11 9.50 0 7.50 9.0
HSBKb7 9.50 0 7.50 7.2
KASSb1 9.50 0 9.00 3.3
TEBNb5 9.50 0 9.75 1.2
ATFBb4 9.43 +0.50 8.50 7.1
aEKTNb1 9.00 -1.69 10.00 4.0
ASBNb8 9.00 -0.50 8.50 4.2
ASBNb9 9.00 0 8.00 2.4
ATFBb3 9.00 0 8.50 1.1
BTAIb10 9.00 0 7.00 1.6
CCBNb16 9.00 0 8.00 2.6
KZIKb15 9.00 0 - 0.2
MREKb3 9.00 0 12.00 4.1
MREKb4 9.00 0 12.00 4.5
TEBNb14 9.00 0 9.50 8.5
TEBNb9 9.00 +0.01 9.75 1.6
aATFBb3 8.70 +0.01 8.50 1.1
BTAIb15 8.70 0 8.00 0.6
BTASb7 8.60 0 7.00 28.7
ASBNb7 8.50 0 8.50 5.8
BTAIb13 8.50 0 7.00 9.2
BTASb5 8.50 0 7.00 8.2
CCBNb12 8.50 -2.50 9.00 3.2
aATFBb4 8.32 0 8.50 7.1
ULBAb1 8.30 0 8.25 1.2
Notes of National Bank* 8.28 -2.01 - 0.8
CCBNb17 8.00 -4.00 8.50 4.6
EUBNb1 8.00 0 6.50 1.1
PRKRb1 7.99 0 8.00 1.6
aHSBKb9 7.72 0 7.50 7.7
HSBKb9 7.72 0 7.50 7.7
BTAIb12 7.50 0 7.00 8.8
TSBNb7 7.50 0 7.50 19.7
МЕОКАМ 6.55 -1.15 3.50 2.2
EUBNb2 6.00 0 6.00 4.2
KONDb1 5.40 -0.03 8.80 4.2
Repo GS* 3.07 -4.50 - 0.003-0.3
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Instruments, indexed on inflation rate
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KZIKb2 18.67 - 12.00 6.0
KZIKb3 18.67 - 12.20 6.5
KZIKb5 18.33 - 11.59 1.5
KZIKb6 18.33 - 11.59 3.5
ORNKb1 16.22 0 10.40 2.9
aASFIb5 15.00 +0.80 9.70 2.3
ASFIb5 15.00 +1.50 9.70 2.3
VITAb4 15.00 +0.88 10.15 2.5
KZIKb7 14.90 0 11.30 4.0
aASFIb4 14.00 +0.80 10.40 3.6
ASFIb4 14.00 +1.51 10.40 3.6
KZDKb1 14.00 0 9.50 2.4
ASFIb6 13.50 +1.51 9.80 4.7
aASFIb6 13.49 +0.99 9.80 4.7
KZIKb4 13.04 - 11.70 6.5
ASELb1 13.00 0 13.00 2.5
BTAIb3 13.00 0 8.90 4.2
KKAGb1 12.30 0 10.40 2.3
BTAIb2 12.10 +1.00 9.10 7.0
NFBNb1 12.01 -1.98 10.80 5.0
BTAIb8 12.00 0 9.30 5.9
EUBNb4 12.00 +3.00 9.00 6.9
ORDBb2 12.00 0 11.00 4.1
ASFIb7 11.80 0 9.80 7.7
aASFIb7 11.80 0 9.80 7.7
ASBNb3 11.50 +0.95 9.80 4.0
ATFBb5 11.50 -0.01 9.80 4.6
KATRb1 11.50 0 14.80 0.7
KIBNb1 11.50 0 9.80 5.1
KKAGb3 11.50 0 9.40 5.9
DNBNb1 11.40 0 10.10 3.2
BTASb4 11.33 -0.17 9.80 6.7
DNBNb2 11.30 0 11.00 3.5
VITAb5 11.15 -0.85 10.89 5.6
CCBNb13 11.06 +0.06 9.80 8.5
aASAVb2 11.00 +0.01 8.30 2.5
AGKKb1 11.00 -0.03 8.60 4.8
BTAIb4 11.00 +1.00 9.70 2.6
BTAIb6 11.00 0 9.90 2.7
CCBNb3 11.00 0 13.60 2.6
HSBKb12 11.00 - - 10.0
KDTSb1 11.00 0 9.50 4.5
CCBNb15 10.94 +0.44 9.00 9.5
TSBNb5 10.85 +0.32 8.70 6.7
ASAVb2 10.70 -0.37 8.30 2.5
TSSMb1 10.70 -0.04 11.30 3.5
KKGBb4 10.67 -0.83 9.90 7.4
BTAIb14 10.50 0 8.50 6.5
BTAIb5 10.50 +1.00 8.70 7.6
CSBNb4 10.50 0 9.10 3.6
ROSAb2 10.50 0 9.80 3.6
CCBNb8 10.45 -1.55 10.00 7.8
BTASb3 10.10 0 9.90 6.1
aCCBNb14 10.00 -0.01 9.80 9.0
BTAIb7 10.00 0 9.10 4.7
CSBNb5 10.00 0 8.60 4.3
KKAGb2 10.00 +0.10 10.60 3.5
KZIKb10 10.00 +1.00 5.69 2.4
TSBNb6 10.00 0 9.00 8.2
JGOKb2 9.80 +0.05 9.80 5.5
KZIKb12 9.75 +1.00 7.50 9.5
BTLZb1 9.70 0 10.00 1.2
aHSBKb8 9.52 +0.23 9.60 7.5
HSBKb8 9.52 +0.38 9.60 7.5
aATFBb5 9.50 0 9.80 4.6
ASAVb1 9.50 0 8.10 2.2
BTAIb11 9.50 0 6.20 8.8
EUBNb3 9.50 0 9.50 5.5
TEBNb6 9.50 +0.12 8.60 5.2
aKZIKb10 9.49 +0.19 5.69 2.4
aHSBKb4 9.40 +0.41 9.90 2.7
KASTb2 9.20 +0.20 8.60 3.7
GLOTb2 9.00 0 10.00 4.4
HSBKb4 9.00 0 9.90 2.7
KAFIb1 9.00 0 8.50 4.2
TXBNb3 9.00 +1.41 9.90 4.0
TEBNb7 8.90 0 9.70 7.6
KZASb2 8.70 0 9.80 1.7
TEBNb8 8.70 0 9.70 4.6
aATFBb6 8.50 0 8.50 6.4
aBTTRb1 8.50 -0.58 9.00 11.5
aHSBKb11 8.50 0 7.20 8.5
CCBNb10 8.50 -0.67 9.80 8.0
CCBNb11 8.50 -1.50 8.80 8.2
CCBNb14 8.50 -1.73 9.80 9.0
CCBNb4 8.50 -3.50 10.60 3.9
CCBNb6 8.50 -3.50 9.30 7.2
CCBNb7 8.50 -2.00 8.80 7.6
CCBNb9 8.50 -2.50 9.80 7.8
DTJLb1 8.50 0 8.05 20.8
HSBKb11 8.50 0 7.20 8.5
TEBNb11 8.50 0 9.00 14.1
aHSBKb10 8.20 0 7.30 8.1
GLOTb1 8.20 -1.80 10.90 0.5
ASFIb14 8.19 0 6.69 1.9
aASFIb14 8.18 -0.01 6.69 1.9
aKZIKb8 8.00 0 11.30 7.0
BTTRb1 8.00 0 9.00 11.5
KARMb2 8.00 0 8.80 1.2
KASTb1 8.00 0 9.70 3.6
KZIKb9 8.00 +1.00 4.90 0.4
TEBNb10 8.00 0 8.50 9.1
TEBNb17 8.00 0 8.50 9.5
aKZIKb9 7.99 +0.42 4.90 0.4
KZIKb16 7.78 - - 9.3
ATFBb6 7.60 -1.90 8.50 6.4
BTAIb9 7.50 +0.14 8.50 8.4
HSBKb10 7.31 +0.03 7.30 8.1
FRMPb1 7.00 0 9.00 2.4
KZIKb8 7.00 0 11.30 7.0
KKGBb5 6.90 0 9.40 7.9
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Instruments, indexed on change of tenge rate to USD
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KKGBb2 18.78 +0.63 8.00 2.1
TEBNb2 16.00 +0.39 11.00 0.9
NRBNb2 15.50 +1.00 9.00 3.7
BTASb1 13.00 +0.50 12.00 1.3
BTASb2 12.50 +0.75 9.00 2.5
ASBNb1 10.50 -4.44 9.00 2.2
ART060.004 8.00 0 8.50 0.6
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Instruments, indexed on change of tenge rate to euro
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aASFIb13 9.00 0 7.88 2.6
ASFIb13 9.00 0 7.88 2.6
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Instruments, indexed on devaluation rate of tenge against
USD with protection from strengthening of tenge against USD
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KZTCb1 13.31 -0.02 8.00 2.8
KZNHb2 12.65 -1.35 10.00 2.3
CCBNb2 11.50 0 10.00 1.5
RGBRb3 11.00 +1.88 10.00 0.3
CSBNb2 10.10 0 9.50 2.6
CSBNb3 10.00 0 8.75 3.1
PDESb1 9.70 0 9.00 3.2
aASFIb3 9.00 +0.16 7.00 1.1
ASFIb3 9.00 0 7.00 1.1
TEBNb15 9.00 0 9.50 8.5
TEBNb3 9.00 0 9.00 5.0
TEBNb13 8.54 0 9.00 4.5
KZPSb1 8.20 -0.40 8.00 0.6
TEBNb16 8.00 -3.00 8.50 9.5
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Instruments, indexed on
devaluation rate of tenge against USD and on inflation rate
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US_JPM_e1 9.87 +1.68 9.58 8.3
JGOKb2 9.80 +0.05 9.80 5.5
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Non-indexed instruments, denominated in foreign currencies
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BTASe3 11.47 +0.09 7.875 2.6
aATFBe5 8.00 0 9.00 8.6
KKGBe2 8.00 -0.01 11.00 0.2
US_MER_e1 7.99 +1.40 8.40 13.2
BRKZe3 7.89 +0.24 6.50 12.6
BRKZe4 7.87 +0.09 6.00 18.4
KKGBe5 7.87 0 7.875 6.5
aATFBe4 7.65 +0.01 8.125 3.0
KKGBe4 7.59 +0.03 8.50 5.5
HSBKe1 7.50 0 8.125 2.0
BRKZe2 7.22 +0.11 7.375 6.1
ATFBe4 7.00 -0.10 8.125 3.0
KKGBe6 7.00 0 7.00 2.1
aATFBe2 6.65 0 8.875 2.1
ATFBe2 6.45 -0.13 8.875 2.1
RU_02_3003 6.01 +0.01 5.00 22.5
RU_01_2806 4.83 -0.01 12.75 20.7
IFO bonds 3.37 +0.07 4.38-5.50 4.9-6.1
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Yields of bonds on which deals were made are calculated as average of the deals, on the rest bonds - as average of the quotations of sale.
On bonds with floating coupon forecasted yield is given, calculated by current coupon value. Term of instrument is shown with regard to the last date of the analyzed period (for bonds - till maturity, for repo instruments - till repo closing date).
The speed of strengthening of tenge to US dollar according to the average weighted rate of the main session of KASE during the analyzed period is estimated at 7.5% APR.
The yields shown here do not incorporate overhead expenses that are inevitable when conducting operations and fixing profits. Securities marked by an asterisk are the instruments with less than a year circulation term. Weighted average effective yields are given for them.
[2007-10-18]