In January-November 2025, trading volume in KASE's money market made up 294.0 trln tenge
/KASE, December 9, 2025/ – In January-November 2025, the trading volume in the money market of Kazakhstan Stock Exchange (KASE), including the repo and currency swap markets, reached 294,025.2 bln tenge and decreased by 5.3% compared to the same period in 2024.
In comparison with the preceding eleven-month period (February-December) of 2024, the trading volume decreased by 4.1%.
The tables below show the trading volume in KASE's money market in 2025 (unlike the turnover, this indicator accounts only the amounts raised in the repo and currency swap market) broken down by its main sectors, and the comparative 2024 data.
REPO OPERATIONS MARKET, bln KZT
------------------------------------- -------------------- -----------
Auto repo Nego repo
Year, -------- --------- ----- --------
Month NGS GS GCC NGS GS GCC Total
---------- -------- --------- -------- ------ -------- --- -----------
2025, I 5,079.9 13,656.9 27.7 8.5 58.9 0.0 18,831.9
2025, II 3,497.7 13,651.3 109.2 3.7 0.0 0.0 17,261.9
2025, III 3,228.5 13,070.1 111.4 5.7 0.0 0.0 16,415.8
2025, IV 4,136.6 16,421.8 201.8 12.9 0.0 0.0 20,773.2
2025, V 3,937.3 14,111.7 56.0 6.8 0.0 0.0 18,111.8
2025, VI 4,314.1 15,149.5 79.3 5.2 0.0 0.0 19,548.0
2025, VII 4,400.8 16,426.6 238.8 10.7 0.0 0.0 21,076.9
2025, VIII 3,698.7 19,568.8 286.4 6.9 0.0 0.0 23,560.7
2025, IX 5,365.6 15,490.3 53.1 8.0 0.0 0.0 20,917.0
2025, X 6,726.6 15,428.5 87.7 6.0 0.0 0.0 22,248.9
2025, XI 5,860.5 17,026.7 51.0 6.8 0.3 0.0 22,945.3
---------- -------- --------- ------- ------- -------- --- -----------
Overall 50,246.2 170,002.3 1,302.4 81.1 59.2 0.0 221,691.2
---------- -------- --------- ------- ------- -------- --- -----------
2024, I-XI 63,154.2 176,387.2 141.4 144.3 0.8 0.0 239,827.8
trend, % -20.4 -3.6 +821.3 -43.8 +7,184.6 x -7.6
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NSB – non-government securities;
GS – government securities;
nego repo – repo operations carried out directly (with conclusion of direct repo opening and closing transactions).
CURRENCY SWAP OPERATIONS MARKET, bln KZT
------------------------------------------------------- --------------- ------------------ ------------------------------------
USD/KZT EUR/KZT RUB/KZT CNY/KZT EUR/USD
Year, -------- -------- -------- -------- -------- ------ ------ ------- -------- - ----- ------ ----- ------
Month 1 day 2 days 1 week 1 month 3 months 1 day 2 days 1 day 2 days 1 day 2 days 1 day 2 days Total
---------- -------- -------- -------- -------- -------- -------- ------ --------- -------- ------- ------ ----- ------ --------
2025, I 1,830.8 3,064.1 10.5 0.0 0.0 0.0 0.0 15.7 0.0 0.0 0.0 0.0 0.0 5,736.2
2025, II 2,691.5 3,203.9 337.0 0.0 0.0 0.0 0.0 20.0 0.0 0.0 0.0 0.0 0.0 6,614.0
2025, III 1,984.7 3,534.7 244.7 0.0 0.0 0.0 0.0 25.3 0.0 0.0 0.0 0.0 0.0 5,918.7
2025, IV 2,195.2 4,123.3 217.2 0.0 0.0 0.0 0.0 51.9 87.2 0.0 0.0 0.0 0.0 6,768.6
2025, V 1,377.5 2,893.1 277.5 0.0 0.0 0.0 0.0 7.2 900.3 0.0 0.0 0.0 0.0 5,500.9
2025, VI 1,662.8 3,236.8 297.8 0.0 0.0 0.0 0.0 8.1 1,362.2 0.0 0.0 1.2 0.0 6,598.7
2025, VII 1,848.1 3,679.0 206.8 0.0 0.0 0.0 0.0 57.2 1,166.5 0.0 0.0 0.7 0.0 7,023.2
2025, VIII 2,830.5 2,246.7 189.1 160.5 0.0 0.0 0.0 279.8 736.9 0.0 0.0 0.0 0.0 6,533.3
2025, IX 2,081.3 1,792.4 178.2 271.0 0.0 0.0 0.0 183.9 883.5 0.0 0.0 0.0 0.0 5,452.8
2025, X 2,962.3 2,141.3 174.3 236.9 0.0 0.0 0.0 354.3 1,390.5 0.0 0.0 0.0 0.0 7,446.9
2025, XI 3,271.1 3,350.7 103.9 199.1 0.0 0.0 0.0 476.2 1,175.5 0.0 0.0 0.1 0.0 8,740.7
---------- -------- -------- -------- -------- -------- -------- -------- ------- -------- ----- ----- ----- ------ -----------
Overall 24,735.9 33,266.1 2,237.0 867.5 0.0 0.0 0.0 1,479.6 7,702.7 0.0 0.0 2.0 0.0 72,333.9
---------- -------- -------- -------- -------- -------- -------- -------- ------- ------------- ------ ----- ------------------
2024, I-XI 24,411.8 43,877.0 110.4 12.1 22.4 10.2 235.0 164.0 326.6 2.6 0.0 84.0 0.0 69,256.1
trend, % +1.3 -24.2 +1,926.9 +7,092.0 -100.0 -100.0 -100.0 +802.3 +2,258.4 -98.6 x -97.6 x +4.4
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[2025-12-09]