Investment attractiveness of debt instruments on KASE in October 30 - November 5, 2008

/IRBIS, Valeriy Khegay, November 6, 08/ - Below is the table that allows for comparing investment attractiveness of debt financial instruments, which were regularly traded or quoted on Kazakhstan Stock Exchange (KASE) in the period of October 30 - November 5, 2008. Trends are given relative to the previous week. Instruments are given in the descending order of earnings yield for a buyer within indicated groups. ------------------------------------------------ Yield, % APR. Financial ------------- Coupon, Term, instrument value trend % APR. years ------------ ------ ----- --------- -------- Non-indexed instruments, denominated in tenge ------------------------------------------------ CACMb1 24.18 +2.38 9.00 2.8 ASBNb6 20.50 0 8.50 0.4 MAG_b1 20.17 +0.71 12.00 2.5 OILAb1 20.00 0 13.00 2.3 TSBNb4 19.47 +1.47 8.00 2.6 MREKb2 19.00 +0.40 13.00 1.8 TSBNb2 18.00 0 9.00 3.8 aHSBKb9 17.00 0 7.50 6.7 CCBNb17 17.00 +3.03 8.50 3.5 aHSBKb7 16.50 0 7.50 6.2 BTAIb1 16.50 +2.00 10.00 2.1 HSBKb7 16.50 0 7.50 6.2 KAZIb1 16.40 0 10.00 0.3 KSM2b1 16.00 0 12.00 2.2 ORDKb2 16.00 0 12.00 4.2 TEMAb1 16.00 0 11.00 1.8 aMAG_b1 15.30 -4.14 12.00 2.5 CCBNb12 15.00 0 9.00 2.1 CCBNb16 15.00 0 8.00 1.5 CCBNb18 15.00 0 13.00 14.1 CCBNb19 15.00 0 11.00 9.6 RESCb1 15.00 0 12.00 1.1 aHSBKb3 14.50 0 9.00 0.6 HSBKb3 14.50 0 9.00 0.6 aASFIb10 14.00 0 7.50 7.9 aASFIb8 14.00 0 6.00 2.5 aASFIb9 14.00 0 8.00 12.5 aEKTNb1 14.00 0 10.00 2.9 ASFIb10 14.00 0 7.50 7.9 ASFIb12 14.00 0 7.80 10.4 ASFIb8 14.00 0 6.00 2.5 ASFIb9 14.00 0 8.00 12.5 ATFBb4 14.00 0 8.50 6.1 KAZIb2 14.00 0 10.00 3.1 KIBNb3 14.00 +2.00 10.00 1.8 KZIKb11 14.00 0 6.90 6.4 TXBNb2 14.00 0 11.00 1.7 CSBNb6 13.75 +2.75 8.50 6.5 TSBNb3 13.50 0 8.00 0.3 EXBNb1 13.13 -2.87 9.00 5.0 EXBNb2 13.00 0 9.00 3.6 RGBRb4 13.00 0 8.00 2.8 TEBNb5 13.00 0 9.75 0.2 aBGSTb1 12.50 0 10.00 3.7 aAESOb1 12.00 0 15.00 6.7 aAPKIb1 12.00 0 12.00 2.4 aAPKIb2 12.00 0 12.00 2.5 aTSASb1 12.00 0 9.00 3.1 EKTNb1 12.00 -2.00 10.00 2.9 KKI_b1 12.00 0 8.00 1.8 KRZHb1 12.00 0 14.00 2.1 MREKb5 12.00 0 16.00 4.3 NRBNb5 12.00 0 7.50 7.5 ORDKb1 12.00 -2.00 12.00 1.0 TEBNb4 12.00 0 9.00 6.7 ALBNb2 11.80 0 12.00 2.3 ATFBb3 11.50 +0.01 8.50 0.1 BTASb9 11.17 -2.75 11.00 9.6 NRBNb4 11.05 -2.54 8.00 0.2 ALTMb1 11.00 0 12.00 4.0 ASFIb22 11.00 0 11.00 9.8 BGSTb1 11.00 - 10.00 3.7 PRKRb2 11.00 0 8.00 4.4 TSNAb1 10.70 0 9.00 0.6 HSBKb9 10.69 -6.31 7.50 6.7 AKKMb1 10.50 - 9.00 1.7 Repo_CS* 10.34 +0.32 - 0-1.0 KZIKb18 10.27 +0.27 11.00 4.1 ALLZb1 10.00 0 9.50 2.8 ASFIb16 10.00 0 12.00 14.5 aZERDb1 10.00 0 10.00 4.2 ZERDb1 10.00 0 10.00 4.2 KKAGb4 9.96 -0.01 12.00 4.8 ASBNb10 9.75 0 9.75 6.0 aAPKIb3 9.60 -1.65 12.00 2.8 aASFIb11 9.50 0 7.50 7.9 BIGRb1 9.50 -1.50 9.00 0.6 KASSb1 9.50 0 9.00 2.3 ASFIb11 9.48 -0.02 7.50 7.9 BTASb7 9.12 +0.52 7.00 27.7 ASZSb1 9.01 +0.08 - 2.2 aPDENb1 9.00 0 13.00 8.7 ASBNb7 9.00 0 8.50 4.7 BTAIb10 9.00 0 7.00 0.6 MREKb3 9.00 0 12.00 3.0 MREKb4 9.00 0 12.00 3.5 NRBNb6 9.00 0 14.00 6.2 RGBRb5 9.00 0 8.00 4.0 RGBRb6 9.00 -0.01 8.00 6.0 TEBNb12 9.00 0 9.00 1.4 TEBNb14 9.00 0 9.50 7.4 TEBNb9 9.00 0 9.75 0.6 ASBNb8 8.75 0 8.50 3.1 ASFIb15 8.50 0 12.00 14.4 BTAIb13 8.50 0 7.00 8.2 ULBAb1 8.30 0 8.25 0.1 ASBNb12 8.00 0 11.00 6.9 ASBNb13 8.00 0 11.00 1.9 ASBNb14 8.00 0 11.00 9.9 EUBNb1 8.00 0 6.50 0.1 PRKRb1 8.00 0 8.00 0.5 МЕОКАМ 7.88 -1.07 3.35-8.75 0.2-5.3 BTAIb12 7.50 0 7.00 7.8 BTASb5 7.50 -2.00 7.00 7.2 TSBNb7 7.50 0 7.50 18.7 МЕККАМ. notes of NB* 7.07 -1.49 - 0.01-1.0 ASBNb9 7.00 0 8.00 1.3 EUBNb2 7.00 0 7.00 3.1 MEUKAM 5.60 -0.52 4.30-6.75 5.4 Repo_GS* 3.22 -0.65 - 0.1-2.7 ------------------------------------------------ Instruments, indexed to inflation rate ------------------------------------------------ KSMKb1 27.00 +4.00 11.00 3.4 KSMKb2 27.00 +9.00 11.00 4.0 DTJLb1 26.63 -1.37 19.95 19.8 aBTTRb1 26.60 -0.40 19.20 10.4 BTTRb1 26.60 +4.29 19.20 10.4 BTAIb4 23.00 0 11.00 1.5 BTASb4 23.00 0 12.00 5.6 aASFIb7 21.00 0 12.50 6.7 ASFIb7 21.00 0 12.50 6.7 ASBNb3 20.00 0 12.00 3.0 VITAb4 19.42 +0.42 12.00 1.5 MEUJKAM 18.20 - 18.20 10.0 TSSMb1 18.06 +5.66 12.00 2.4 HSBKb12 18.00 0 13.00 8.9 KATRb2 18.00 +1.00 17.00 9.8 aASFIb4 17.00 0 14.00 2.5 aCBH_b1 17.00 0 15.50 4.4 aHSBKb4 17.00 0 21.00 1.6 ASFIb4 17.00 0 14.00 2.5 CCBNb3 17.00 +2.00 21.00 1.6 HSBKb4 17.00 0 21.00 1.6 CHFMb2 16.98 0 15.00 4.4 GLOTb2 16.95 +1.95 21.50 3.4 KZIKb2 16.85 0 19.00 4.9 BTAIb3 16.50 +2.00 14.00 3.1 BTAIb5 16.50 +2.38 10.00 6.5 BTAIb6 16.50 0 10.00 1.6 CCBNb9 16.50 0 10.00 6.8 TSBNb5 16.49 +0.49 10.00 5.6 aASFIb6 16.00 0 12.50 3.6 aHSBKb10 16.00 +1.05 6.00 7.0 ASFIb6 16.00 0 12.50 3.6 VITAb5 16.00 -2.00 13.00 4.5 aASFIb5 15.50 0 12.50 1.2 BTAIb16 15.50 0 13.50 9.4 BTAIb2 15.50 0 14.00 6.0 BTAIb8 15.50 0 10.00 4.8 aCCBNb14 15.00 0 10.00 7.9 ATFBb5 15.00 0 11.00 3.6 CCBNb10 15.00 0 10.00 6.9 CCBNb11 15.00 0 10.00 7.1 CCBNb13 15.00 0 10.50 7.4 CCBNb14 15.00 0 10.00 7.9 CCBNb4 15.00 0 12.00 2.9 CCBNb6 15.00 0 12.00 6.2 CCBNb7 15.00 0 10.00 6.6 CCBNb8 15.00 0 10.00 6.8 CSBNb5 15.00 +1.00 11.00 3.2 KKAGb1 15.00 +0.25 13.00 1.3 ORDBb2 14.98 +7.98 11.00 3.0 CCBNb15 14.83 0 10.00 8.5 HSBKb11 14.56 -0.39 6.00 7.5 TKUDb1 14.50 +5.50 15.00 3.0 HSBKb10 14.38 -2.57 6.00 7.0 aHSBKb11 14.00 0 6.00 7.5 aREALb1 14.00 0 12.00 4.6 CSBNb4 14.00 0 12.46 2.6 KZDKb1 14.00 0 11.00 1.3 KZIKb10 14.00 +2.00 5.69 1.3 KZIKb12 14.00 0 7.50 8.4 KZIKb3 14.00 -2.85 19.20 5.4 KZIKb4 14.00 -2.85 18.70 5.4 KZIKb5 14.00 +7.00 18.59 0.4 KZIKb6 14.00 -2.85 18.59 2.4 KZIKb7 14.00 -0.29 18.30 2.9 KZIKb8 14.00 +0.50 18.30 5.9 TMLZb1 14.00 +1.00 11.00 3.4 TXBNb3 14.00 0 12.00 3.0 aELDSb1 13.90 0 15.00 0.5 ASFIb5 13.83 -1.67 12.50 1.2 aKZIKb8 13.50 0 18.30 5.9 BTASb3 13.50 0 15.00 5.0 ROSAb2 13.50 0 11.00 2.5 KDTSb1 13.40 0 20.70 3.4 EUBNb5 13.25 +0.25 13.00 14.8 BTLZb1 13.20 0 10.00 0.2 EUBNb3 13.00 +2.00 11.00 4.4 KKAGb3 13.00 0 12.00 4.8 KKGBb4 13.00 0 11.00 6.4 TEBNb10 13.00 0 8.50 8.1 TEBNb8 13.00 0 9.70 3.6 aHSBKb8 12.50 -1.13 10.00 6.4 KAFIb1 12.50 0 9.02 3.1 HSBKb8 12.49 +0.49 10.00 6.4 AKFIb1 12.40 -0.10 12.00 0.4 aKZIKb10 12.00 0 5.69 1.3 ASFIb24 11.98 +1.98 12.00 4.8 BTAIb14 11.50 0 8.50 5.4 KIBNb1 11.50 0 11.00 4.1 KASTb2 11.48 +0.98 11.00 2.6 ASFIb23 11.42 +1.42 12.00 2.8 DNBNb1 11.40 0 10.50 2.2 DNBNb2 11.30 0 11.00 2.4 ORNKb1 11.01 +0.59 11.00 1.9 CSBNb7 11.00 0 12.00 9.6 ELDSb1 11.00 -2.90 15.00 0.5 EUBNb4 11.00 0 11.00 5.8 KKAGb2 11.00 0 12.00 2.4 TEBNb7 10.90 0 11.00 6.6 KARMb2 10.50 0 14.00 0.2 KKGBb6 10.50 0 7.50 8.9 NFBNb1 10.50 0 11.00 3.9 TEBNb6 10.50 0 10.00 4.2 LOGCb1 10.30 0 11.00 1.8 aASAVb2 10.00 0 9.50 1.5 ASAVb2 10.00 -0.33 9.50 1.5 BTAIb7 10.00 0 10.00 3.7 SATCb1 10.00 0 12.00 6.2 TSBNb6 10.00 0 10.00 7.1 ABDIb1 9.96 -0.02 15.00 4.2 AGKKb1 9.50 -0.50 9.00 3.8 BTAIb11 9.50 0 3.00 7.8 ASAVb1 9.00 0 9.50 1.2 ATFBb6 9.00 0 10.00 5.3 KZIKb16 9.00 0 7.50 8.2 TEBNb11 9.00 0 9.00 13.1 TEBNb17 9.00 0 8.50 8.4 KZASb2 8.70 0 12.00 0.6 BTAIb9 8.50 0 8.50 7.3 KASTb1 8.00 0 11.00 2.5 KKGBb5 7.50 0 9.50 6.8 aASFIb14 6.00 0 4.28 0.9 ASFIb14 6.00 0 4.28 0.9 ------------------------------------------------ Instruments, indexed to change of tenge rate to USD ------------------------------------------------ KKGBb2 31.52 +0.02 8.00 1.1 ASBNb1 25.00 0 9.00 1.1 BTASb1 19.50 +1.00 12.00 0.3 BTASb2 17.00 0 9.00 1.5 NRBNb2 15.00 0 9.00 2.6 aASFIb17 9.10 0 9.10 3.0 aASFIb20 8.14 0 8.14 0.6 aASFIb21 8.14 0 8.14 1.6 ------------------------------------------------ Instruments, indexed to change of tenge rate to euro ------------------------------------------------ aASFIb13 9.00 0 7.88 1.6 ASFIb13 9.00 0 7.88 1.6 aASFIb19 7.96 0 7.96 1.6 aASFIb18 7.95 0 7.95 1.6 ------------------------------------------------ Instruments, indexed to change rate of tenge against USD with protection from strengthening of tenge against USD ------------------------------------------------ aASFIb3 16.00 0 7.00 0.1 ASFIb3 16.00 0 7.00 0.1 TEBNb15 16.00 +7.00 9.50 7.4 KZTCb1 15.27 0 8.00 1.7 CCBNb2 15.00 0 10.00 0.4 KZNHb2 15.00 0 10.00 1.3 CSBNb2 14.50 0 9.50 1.6 PDESb1 14.00 0 9.00 2.1 TEBNb3 14.00 0 10.00 4.0 CSBNb3 12.71 +1.46 8.75 2.1 TEBNb13 9.00 0 9.00 3.4 TEBNb16 8.50 0 8.50 8.4 ------------------------------------------------ Instruments, indexed to devaluation rate of tenge against USD and on inflation rate ------------------------------------------------ US_MER_e1 10.63 -0.04 11.044 12.2 JGOKb2 10.00 0 10.00 4.4 ------------------------------------------------ Non-indexed instruments, denominated in foreign currencies ------------------------------------------------ KKGBe6 25.39 -5.71 7.00 1.0 BTASe3 22.44 -0.74 7.875 1.6 KKGBe5 21.75 -0.58 7.875 5.4 ATFBe2 20.15 -0.06 8.875 1.0 KKGBe4 18.01 -0.02 8.50 4.4 HSBKe1 16.00 -2.00 8.125 0.9 BRKZe4 14.74 +0.47 6.00 17.4 BRKZe3 14.45 -0.54 6.50 11.6 BRKZe2 13.93 +2.52 7.375 5.0 US_JPM_e1 13.47 -3.83 10.416 7.3 ASBNe2 13.20 0 9.00 2.0 ATFBe4 7.00 0 8.125 2.0 RU_02_3003 6.50 +0.02 5.00 21.4 RU_01_2806 4.99 0 12.75 19.6 IFO bonds 3.02 0 4.38-5.50 3.8-5.1 ------------------------------------------------ Yields of bonds on which deals were made have been calculated as average of deals, on the rest bonds - as an average of bid quotes. On bonds with floating coupon forecast the yield is calculated at the current coupon value. The instrument term is shown with regard to the last date of the analyzed period (for bonds - till maturity, for repo instruments - till repo closing date). Judging by the weighted average rate of the KASE main session, the speed of tenge devaluation to the US dollar during the analyzed period is estimated at 6.1 % APR. The yields indicated do not include overhead expenses that are inevitable when conducting operations and fixing profits. The securities marked by an asterisk are instruments with less than a year circulation term. The weighted average effective yield rate is indicated in regard to them. [2008-11-06]