Investment attractiveness of debt instruments on KASE in March 5 - 11, 2009

/IRBIS, Valeriy Khegay, March 12, 09/ - 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 March 5 - 11, 2009. 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 --------------------------------------------- BTAIb1 71.00 -1.00 10.00 1.8 BTAIb10 71.00 +1.00 7.00 0.2 TSNAb1 55.00 +3.00 9.00 0.3 aBGSTb1 52.00 0 10.00 3.4 aEKTNb1 52.00 0 10.00 2.6 EKTNb1 52.00 0 10.00 2.6 BTAIb13 42.04 -37.96 7.00 7.8 aTSASb1 42.00 -10.00 9.00 2.8 CACMb1 42.00 0 9.00 2.4 BTAIb12 36.91 -43.09 7.00 7.4 BTASb5 33.00 -2.00 7.00 6.8 aASFIb9 32.00 0 8.00 12.2 ASFIb9 32.00 0 8.00 12.2 BTASb7 31.00 +20.33 7.00 27.3 TSBNb4 28.00 +2.01 8.00 2.3 TXBNb2 28.00 +9.23 11.00 1.3 aASFIb8 26.00 0 6.00 2.2 ASFIb8 26.00 0 6.00 2.2 MREKb2 26.00 +1.50 13.00 1.5 ASBNb6 24.50 +2.00 8.50 0.1 RGBRb4 23.00 0 8.00 2.4 TSBNb2 22.00 +1.00 9.00 3.4 NRBNb5 21.00 0 7.50 7.2 TEBNb12 21.00 0 9.00 1.1 ASBNb14 20.66 +10.11 11.00 9.5 aHSBKb9 20.50 +2.00 7.50 6.3 KASSb1 20.00 0 9.00 1.9 MREKb3 20.00 0 12.00 2.7 MREKb4 20.00 0 12.00 3.1 OILAb1 20.00 +0.94 13.00 2.0 KAZIb2 18.80 0 10.00 2.7 CSBNb6 18.75 +0.49 8.50 6.2 EXBNb2 18.74 +4.74 9.00 3.2 aHSBKb7 18.50 0 7.50 5.8 HSBKb7 18.50 0 7.50 5.8 HSBKb9 18.50 0 7.50 6.3 EXBNb1 18.00 +1.00 9.00 4.7 KKI_b1 18.00 0 8.00 1.5 ORDKb2 17.92 -0.01 12.00 3.9 MAG_b1 17.91 -1.46 12.00 2.2 ATFBb4 16.50 +5.08 8.50 5.7 RESCb1 16.43 +4.43 12.00 4.8 KSM2b1 16.00 0 12.00 1.8 TEMAb1 16.00 0 11.00 1.4 UKPFb2 16.00 0 14.00 4.7 Repo_CS* 15.70 +4.13 - 0-0.2 aASNDb2 15.00 0 15.00 4.7 ASNDb2 15.00 0 15.00 4.7 CCBNb12 15.00 0 9.00 1.8 CCBNb16 15.00 0 8.00 1.2 CCBNb19 15.00 0 11.00 9.3 aASFIb10 14.00 0 7.50 7.6 aHSBKb3 14.00 0 9.00 0.3 ASFIb10 14.00 0 7.50 7.6 ASFIb12 14.00 0 7.80 10.1 CTECb1 14.00 +1.00 12.50 9.7 HSBKb13 14.00 0 13.00 9.7 HSBKb3 14.00 0 9.00 0.3 KZIKb11 14.00 0 6.90 6.1 ALLZb1 13.00 0 9.50 2.5 KIBNb3 12.73 +0.73 10.00 1.4 MREKb5 12.50 0 16.00 3.9 aAESOb1 12.00 0 15.00 6.3 aAPKIb1 12.00 0 12.00 2.1 aAPKIb2 12.00 0 12.00 2.2 TEBNb4 12.00 0 9.00 6.3 ORDKb1 11.98 -2.07 12.00 0.6 ALBNb2 11.80 0 12.00 2.0 KZIKb18 11.50 0 11.00 3.7 ALTMb1 11.00 0 12.00 3.6 ASFIb16 11.00 +1.01 12.00 14.2 ASFIb22 11.00 0 11.00 9.5 BTASb9 11.00 -2.62 11.00 9.3 PRKRb2 11.00 0 8.00 4.0 TEBNb18 11.00 0 9.00 9.9 TEBNb9 11.00 0 9.75 0.2 ASZSb1 10.66 +0.11 - 1.9 LOGCb2 10.30 0 11.00 4.8 aZERDb1 10.00 0 10.00 3.8 ZERDb1 10.00 0 10.00 3.8 ASBNb10 9.75 0 9.75 5.7 aASFIb11 9.50 0 7.50 7.6 ASFIb11 9.50 0 7.50 7.6 CCBNb18 9.50 0 13.00 13.7 RGBRb6 9.01 0 8.00 5.6 aPDENb1 9.00 0 13.00 8.3 ASBNb7 9.00 0 8.50 4.4 CCBNb17 9.00 0 8.50 3.2 KKAGb4 9.00 0 12.00 4.5 NRBNb7 9.00 0 11.00 4.7 RGBRb5 9.00 0 8.00 3.6 TEBNb14 9.00 0 9.50 7.1 ASBNb8 8.75 0 8.50 2.8 MEUKAM 8.72 +1.20 4.30-8.75 5.1-7.2 ASFIb15 8.50 0 12.00 14.0 MEOKAM 8.24 +0.23 3.50-8.70 0.8-4.9 ASBNb12 8.00 0 11.00 6.5 ASBNb13 8.00 0 11.00 1.5 NRBNb6 8.00 +0.34 12.90 5.9 PRKRb1 8.00 0 8.00 0.2 MEKKAM. notes of NB* 7.77 +0.98 - 0.04-1.0 TSBNb7 7.50 0 7.50 18.3 ASBNb9 7.00 0 8.00 1.0 EUBNb2 7.00 0 7.50 2.8 Repo_GS* 3.78 -1.10 - 2.7-7.7 --------------------------------------------- Instruments indexed to inflation rate --------------------------------------------- GLOTb2 100.00 0 21.50 3.0 BTAIb4 95.68 +34.92 11.00 1.2 ORDBb2 80.00 0 11.00 2.7 BTAIb6 79.00 -1.00 10.00 1.3 BTAIb7 77.00 -3.00 10.00 3.3 BTAIb3 69.00 -3.00 12.30 2.8 BTAIb8 68.78 -3.22 9.20 4.5 BTAIb9 68.47 -3.53 8.50 7.0 BTAIb5 67.98 -4.02 10.00 6.2 BTAIb2 67.72 -4.28 14.00 5.6 BTAIb16 66.96 -5.04 13.50 9.1 BTAIb14 56.27 +32.67 8.50 5.1 VITAb5 55.00 0 13.00 4.2 LOGCb1 52.30 0 11.00 1.5 KZDKb1 51.50 0 11.00 1.0 KSMKb1 50.00 0 11.00 3.0 TMLZb1 50.00 0 11.00 3.1 aELDSb1 47.00 -5.00 15.00 0.2 ELDSb1 47.00 +14.21 15.00 0.2 KSMKb2 42.00 0 11.00 3.7 aASFIb5 40.50 +2.00 12.50 0.9 BTASb4 40.00 +2.00 12.00 5.3 VITAb4 40.00 0 12.00 1.1 ASFIb5 39.50 +1.00 12.50 0.9 TSBNb5 39.00 +1.51 10.00 5.3 BTAIb11 37.87 -34.13 6.30 7.4 DTJLb1 35.00 0 19.95 19.4 TEBNb6 34.00 +4.00 10.00 3.8 aASFIb7 33.00 0 12.50 6.3 ASFIb7 33.00 0 12.50 6.3 BTASb3 33.00 +9.78 15.00 4.7 aASFIb4 32.50 +1.50 14.00 2.2 ASFIb4 31.00 0 14.00 2.2 NFBNb1 30.00 0 11.00 3.6 CCBNb3 28.00 +2.00 17.30 1.2 KKAGb1 28.00 +5.35 12.00 0.9 DNBNb1 27.00 0 10.50 1.8 ASAVb2 26.00 0 9.50 1.1 KDTSb1 26.00 0 20.70 3.1 BTTRb1 25.66 +0.17 19.20 10.1 aBTTRb1 25.00 0 19.20 10.1 aASFIb6 24.00 0 12.50 3.3 ASFIb6 24.00 +2.00 12.50 3.3 KZIKb4 23.68 +3.34 18.70 5.1 KZIKb2 23.50 +5.50 19.00 4.6 KZIKb3 23.50 +7.00 19.20 5.1 KZIKb6 23.50 +7.00 18.59 2.1 KZIKb7 23.50 +8.04 18.30 2.6 KZIKb8 23.50 +8.50 18.30 5.6 KKAGb3 23.00 +5.18 11.00 4.5 CCBNb9 22.00 +2.00 9.70 6.4 KASTb2 21.99 +0.99 11.00 2.3 KKGBb4 21.50 0 11.00 6.0 KKAGb2 20.36 +9.36 12.00 2.1 ASBNb3 20.00 0 12.00 2.6 CSBNb5 20.00 +1.25 11.00 2.9 KZASb2 20.00 0 12.00 0.3 aCBH_b1 19.78 +0.77 15.50 4.1 CSBNb4 19.25 +1.50 13.66 2.2 aCCBNb14 19.20 0 10.00 7.6 CCBNb14 19.02 0 10.00 7.6 HSBKb12 18.50 +2.00 13.00 8.6 aHSBKb4 18.00 0 19.90 1.3 aKATRb2 18.00 0 17.00 9.4 HSBKb4 18.00 +0.52 19.90 1.3 KATRb2 18.00 0 17.00 9.4 aHSBKb11 17.50 +0.30 6.00 7.1 HSBKb11 17.50 +0.30 6.00 7.1 CHFMb2 16.98 0 15.00 4.1 CCBNb6 16.50 0 12.00 5.8 AGKKb1 16.00 0 9.00 3.4 aHSBKb8 16.00 0 10.00 6.1 HSBKb8 16.00 0 10.00 6.1 KZIKb5 16.00 0 18.59 0.1 EUBNb3 15.28 -9.13 11.00 4.1 CCBNb10 15.00 0 10.00 6.6 CCBNb11 15.00 0 10.00 6.8 CCBNb13 15.00 0 10.50 7.1 CCBNb4 15.00 0 12.00 2.5 CCBNb7 15.00 0 10.00 6.2 CCBNb8 15.00 0 10.00 6.4 KZIKb10 15.00 0 5.69 1.0 TXBNb3 15.00 0 12.00 2.6 aHSBKb10 14.50 0 6.00 6.7 HSBKb10 14.50 0 6.00 6.7 aREALb1 14.00 0 12.00 4.2 ATFBb6 14.00 0 10.00 5.0 KAFIb1 14.00 0 9.20 2.8 KZIKb12 14.00 0 7.50 8.1 KIBNb1 13.50 0 11.00 3.7 ROSAb2 13.50 0 11.00 2.2 TEBNb8 13.01 +0.01 9.70 3.2 ATFBb5 13.00 0 11.00 3.2 HSBKb14 13.00 0 13.00 9.7 TEBNb10 13.00 0 8.50 7.7 AKFIb1 12.00 0 12.00 0.1 EUBNb4 11.53 +0.53 11.00 5.5 DNBNb2 11.30 0 11.00 2.1 CSBNb7 11.00 -13.98 12.00 9.2 TEBNb7 10.90 0 11.00 6.2 KKGBb6 10.50 0 7.50 8.5 KKGBb7 10.50 0 9.00 9.7 ABDIb1 10.00 +0.01 10.50 3.8 ASFIb23 10.00 0 12.00 2.5 ASFIb24 10.00 0 12.00 4.5 ERKAb1 10.00 0 19.00 4.7 SATCb1 10.00 0 11.50 5.8 TSBNb6 10.00 0 10.00 6.8 CCBNb15 9.52 0 10.00 8.1 EUBNb5 9.49 -0.01 13.00 14.5 ASAVb1 9.00 0 9.50 0.8 CCBNb20 9.00 0 12.00 14.7 KZIKb16 9.00 0 7.50 7.9 TEBNb11 9.00 0 9.00 12.7 TEBNb17 9.00 0 8.50 8.1 TKUDb1 9.00 0 15.00 2.7 KASTb1 8.00 0 11.00 2.2 MUIKAM 7.73 -0.13 8.68 6.1 KKGBb5 7.50 0 9.50 6.5 KZIKb17 7.50 0 12.00 7.3 aASFIb14 6.00 0 4.28 0.5 ASFIb14 6.00 0 4.28 0.5 --------------------------------------------- Instruments indexed to change of tenge rate to USD --------------------------------------------- KKGBb2 33.03 +2.31 8.00 0.7 BTASb2 29.00 +3.01 9.00 1.1 NRBNb2 27.00 +11.85 9.00 2.3 ASBNb1 20.00 0 9.00 0.8 aASFIb27 14.59 0 14.59 4.3 aASFIb17 9.10 0 9.10 2.7 aASFIb20 8.14 0 8.14 0.3 aASFIb21 8.14 0 8.14 1.3 --------------------------------------------- Instruments indexed to change of tenge rate to euro --------------------------------------------- aASFIb13 9.00 0 7.88 1.2 ASFIb13 9.00 0 7.88 1.2 aASFIb19 7.96 0 7.96 1.2 aASFIb18 7.95 0 7.95 1.2 --------------------------------------------- Instruments indexed to change of tenge rate against USD protected from strengthening of tenge against USD --------------------------------------------- KZNHb2 46.36 +12.45 10.00 0.9 TEBNb3 19.00 0 10.00 3.6 KZTCb1 17.51 +17.51 8.00 1.4 CSBNb2 16.00 0 9.50 1.2 CSBNb3 16.00 0 8.75 1.7 CCBNb2 15.00 0 10.00 0.1 PDESb1 14.00 0 9.00 1.8 TEBNb16 11.95 +0.95 8.50 8.1 TEBNb13 9.00 0 9.00 3.1 TEBNb15 9.00 0 9.50 7.1 --------------------------------------------- Instruments indexed to devaluation rate of tenge against USD and on inflation rate --------------------------------------------- US_MER_e1 15.43 +0.05 11.04 11.8 JGOKb2 9.13 -0.01 10.00 4.1 --------------------------------------------- Non-indexed instruments denominated in foreign currencies --------------------------------------------- BTASe3 105.19 +3.97 7.875 1.2 ASBNe2 81.64 +15.31 9.00 1.7 KKGBe5 31.45 +0.93 7.875 5.1 KKGBe4 31.43 +0.94 8.50 4.1 KKGBe6 29.69 +2.61 7.00 0.7 ATFBe4 29.00 +0.39 8.125 1.6 ATFBe2 20.00 -4.40 8.875 0.7 HSBKe1 20.00 -2.00 8.125 0.6 BRKZe2 16.48 -0.30 7.375 4.7 BRKZe4 16.37 +0.37 6.00 17.0 BRKZe3 15.98 +0.20 6.50 11.2 US_JPM_e1 10.56 +0.05 10.416 6.9 --------------------------------------------- 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 8.5 % 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. [2009-03-12]