Investment attractiveness of debt instruments on KASE in March 12 - 18, 2009

/IRBIS, Valeriy Khegay, March 19, 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 12 - 18, 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 90.75 +19.75 10.00 1.8 BTAIb10 67.00 -4.00 7.00 0.2 KRZHb1 61.59 - 14.00 1.8 TSNAb1 55.00 0 9.00 0.2 aBGSTb1 52.00 0 10.00 3.4 aEKTNb1 52.00 0 10.00 2.6 EKTNb1 52.00 0 10.00 2.6 CACMb1 42.00 0 9.00 2.4 BTAIb12 36.33 -0.58 7.00 7.4 BTASb5 34.00 +1.00 7.00 6.8 aASFIb9 32.00 0 8.00 12.2 ASFIb9 32.00 0 8.00 12.2 BTASb7 31.00 0 7.00 27.3 TSBNb4 28.00 0 8.00 2.2 TXBNb2 28.00 0 11.00 1.3 ASBNb14 27.00 +6.34 11.00 9.5 MREKb2 27.00 +1.00 13.00 1.4 BTAIb13 26.12 -15.92 7.00 7.8 aASFIb8 26.00 0 6.00 2.2 ASFIb8 26.00 0 6.00 2.2 ASBNb6 24.50 0 8.50 0.1 RMXRb1 23.04 - 12.00 3.8 RGBRb4 23.00 0 8.00 2.4 TSBNb2 23.00 +1.00 9.00 3.4 ATFBb4 22.00 +5.50 8.50 5.7 NRBNb5 21.00 0 7.50 7.2 TEBNb12 21.00 0 9.00 1.1 KAZIb2 20.80 +2.00 10.00 2.7 aHSBKb9 20.50 0 7.50 6.3 HSBKb9 20.50 +2.00 7.50 6.3 EXBNb2 20.19 +1.45 9.00 3.2 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 13.00 2.0 MAG_b1 19.49 +1.58 12.00 2.1 CSBNb6 18.75 0 8.50 6.1 aHSBKb7 18.50 0 7.50 5.8 HSBKb7 18.50 0 7.50 5.8 EXBNb1 18.00 0 9.00 4.7 KKI_b1 18.00 0 8.00 1.5 ORDKb2 17.94 +0.02 12.00 3.9 ASFIb16 17.79 +6.79 12.00 14.2 KSM2b1 16.00 0 12.00 1.8 TEMAb1 16.00 0 11.00 1.4 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 RESCb1 15.00 -1.43 12.00 4.8 UKPFb2 15.00 -1.00 14.00 4.6 aASFIb10 14.00 0 7.50 7.5 aHSBKb3 14.00 0 9.00 0.3 ASFIb10 14.00 0 7.50 7.5 ASFIb12 14.00 0 7.80 10.0 HSBKb13 14.00 0 13.00 9.6 HSBKb3 14.00 0 9.00 0.3 KIBNb3 14.00 +1.27 10.00 1.4 KZIKb11 14.00 0 6.90 6.1 ORDKb1 13.88 +1.90 12.00 0.6 aAESOb1 13.16 +1.16 15.00 6.3 ALLZb1 13.00 0 9.50 2.4 CTECb1 13.00 -1.00 12.50 9.7 MREKb5 12.50 0 16.00 3.9 aTSASb1 12.00 -30.00 9.00 2.7 TEBNb4 12.00 0 9.00 6.3 aAPKIb1 11.98 -0.02 12.00 2.1 aAPKIb2 11.98 -0.02 12.00 2.2 ALBNb2 11.80 0 12.00 2.0 KZIKb18 11.50 0 11.00 3.7 ALTMb1 11.00 0 12.00 3.6 ASFIb22 11.00 0 11.00 9.5 BTASb9 11.00 0 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 10.77 +0.11 - 1.9 LOGCb2 10.30 0 11.00 4.8 Repo_CS* 9.94 -5.76 - 0-0.2 ASBNb10 9.75 0 9.75 5.6 ZERDb1 9.70 -0.30 10.00 3.8 aASFIb11 9.50 0 7.50 7.5 ASFIb11 9.50 0 7.50 7.5 aZERDb1 9.50 -0.50 10.00 3.8 CCBNb18 9.50 0 13.00 13.7 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 4.6 RGBRb5 9.00 0 8.00 3.6 RGBRb6 9.00 -0.01 8.00 5.6 TEBNb14 9.00 0 9.50 7.1 ASBNb8 8.75 0 8.50 2.8 ASFIb15 8.50 0 12.00 14.0 ASBNb12 8.00 0 11.00 6.5 ASBNb13 8.00 0 11.00 1.5 NRBNb6 8.00 0 12.90 5.9 PRKRb1 8.00 0 8.00 0.2 MEOKAM 7.96 -0.28 6.10-6.30 0.8-3.7 Notes of NB* 7.71 -0.06 - 0.02-1.0 TSBNb7 7.50 0 7.50 18.3 ASBNb9 7.00 0 8.00 0.9 EUBNb2 7.00 0 7.50 2.7 MEUKAM 6.79 +6.09 8.75 7.0 Repo_GS* 2.91 -0.87 - 2.7-7.7 --------------------------------------------- Instruments indexed to inflation rate --------------------------------------------- BTAIb4 107.71 +12.03 11.00 1.2 GLOTb2 99.12 -0.88 21.50 3.0 ORDBb2 80.00 0 11.00 2.7 BTAIb6 78.00 -1.00 10.00 1.3 BTAIb3 70.00 1.00 12.30 2.7 BTAIb7 60.00 -17.00 10.00 3.3 VITAb5 57.00 +2.00 13.00 4.2 LOGCb1 52.30 0 11.00 1.5 KZDKb1 51.50 0 11.00 1.0 BTAIb2 50.46 -17.26 14.00 5.6 KSMKb1 50.00 0 11.00 3.0 TMLZb1 50.00 0 11.00 3.0 BTAIb8 48.38 -20.40 9.20 4.4 BTAIb5 47.06 -20.92 10.00 6.2 aELDSb1 47.00 0 15.00 0.1 ELDSb1 47.00 0 15.00 0.1 VITAb4 45.00 +5.00 12.00 1.1 aASFIb5 44.10 +3.60 12.50 0.8 ASFIb5 43.49 +3.99 12.50 0.8 BTASb4 42.00 +2.00 12.00 5.2 KSMKb2 42.00 0 11.00 3.6 BTAIb9 41.41 -27.06 8.50 6.9 TSBNb5 39.00 0 10.00 5.3 BTASb3 38.61 +5.61 15.00 4.6 DTJLb1 37.65 +2.65 19.95 19.4 TEBNb6 34.00 0 10.00 3.8 aASFIb4 33.99 +1.49 14.00 2.2 ASFIb4 33.98 +2.98 14.00 2.2 aASFIb7 33.00 0 12.50 6.3 ASFIb7 33.00 0 12.50 6.3 BTAIb16 32.13 -34.83 13.50 9.0 KDTSb1 30.66 +4.66 20.70 3.0 NFBNb1 30.00 0 11.00 3.5 KKAGb1 29.74 +1.74 12.00 0.9 BTAIb11 29.68 -8.19 6.30 7.4 CCBNb3 28.00 0 17.30 1.2 KZIKb4 28.00 +4.32 18.70 5.0 ASAVb2 26.00 0 9.50 1.1 BTTRb1 25.79 +0.13 19.20 10.0 aBTTRb1 25.61 +0.61 19.20 10.0 aCBH_b1 25.02 +5.24 15.50 4.0 ALVZb1 24.67 - 13.00 3.1 aASFIb6 24.00 0 12.50 3.3 ASFIb6 24.00 0 12.50 3.3 CCBNb9 24.00 +2.00 9.70 6.4 DNBNb1 23.88 -3.12 10.50 1.8 KZIKb2 23.50 0 19.00 4.5 KZIKb3 23.50 0 19.20 5.0 KZIKb6 23.50 0 18.59 2.0 KZIKb7 23.50 0 18.30 2.5 KZIKb8 23.50 0 18.30 5.5 EUBNb3 23.00 +7.72 11.00 4.1 KASTb2 23.00 +1.01 11.00 2.3 KKAGb3 23.00 0 11.00 4.4 KKGBb4 21.50 0 11.00 6.0 CSBNb5 21.00 +1.00 11.00 2.8 aCCBNb14 20.00 +0.80 10.00 7.6 ASBNb3 20.00 0 12.00 2.6 CCBNb14 20.00 +0.98 10.00 7.6 CCBNb4 20.00 +5.00 12.00 2.5 CCBNb6 20.00 +3.50 12.00 5.8 CCBNb7 20.00 +5.00 10.00 6.2 CSBNb4 20.00 +0.75 13.66 2.2 KZASb2 20.00 0 12.00 0.3 HSBKb12 18.40 -0.10 13.00 8.6 aHSBKb4 18.00 0 19.90 1.3 aKATRb2 18.00 0 17.00 9.4 HSBKb4 18.00 0 19.90 1.3 KATRb2 18.00 0 17.00 9.4 aHSBKb11 17.50 0 6.00 7.1 HSBKb11 17.50 0 6.00 7.1 CHFMb2 16.98 0 15.00 4.0 AGKKb1 16.00 0 9.00 3.4 aHSBKb8 16.00 0 10.00 6.1 ATFBb6 16.00 +2.00 10.00 5.0 HSBKb8 16.00 0 10.00 6.1 KZIKb5 16.00 0 18.59 0.04 ATFBb5 15.49 +2.49 11.00 3.2 CCBNb10 15.00 0 10.00 6.6 CCBNb11 15.00 0 10.00 6.8 CCBNb13 15.00 0 10.50 7.1 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 6.6 HSBKb10 14.50 0 6.00 6.6 KAFIb1 14.10 +0.10 9.20 2.8 aREALb1 14.00 0 12.00 4.2 KZIKb12 14.00 0 7.50 8.1 KIBNb1 13.50 0 11.00 3.7 ROSAb2 13.50 0 11.00 2.2 HSBKb14 13.00 0 13.00 9.6 TEBNb10 13.00 0 8.50 7.7 TEBNb8 13.00 -0.01 9.70 3.2 KKAGb2 12.02 -8.34 12.00 2.1 AKFIb1 12.00 0 12.00 0.1 BTAIb14 11.50 -44.77 8.50 5.0 CSBNb7 11.50 +0.50 12.00 9.2 EUBNb4 11.48 -0.05 11.00 5.5 DNBNb2 11.30 0 11.00 2.1 TEBNb7 10.90 0 11.00 6.2 EUBNb5 10.81 +1.32 13.00 14.5 KKGBb6 10.50 0 7.50 8.5 KKGBb7 10.50 0 9.00 9.7 SATCb1 10.08 +0.08 11.50 5.8 ASFIb23 10.00 0 12.00 2.5 ASFIb24 10.00 0 12.00 4.5 ERKAb1 10.00 0 19.00 4.7 TSBNb6 10.00 0 10.00 6.7 ABDIb1 9.99 -0.01 10.50 3.8 CCBNb15 9.52 0 10.00 8.1 ASAVb1 9.00 0 9.50 0.8 CCBNb20 9.00 0 12.00 14.7 KZIKb16 9.00 0 7.50 7.8 TEBNb11 9.00 0 9.00 12.7 TEBNb17 9.00 0 8.50 8.1 TKUDb1 9.00 0 15.00 2.6 KASTb1 8.00 0 11.00 2.2 MUIKAM 7.72 -0.01 8.68 6.1 KKGBb5 7.50 0 9.50 6.5 KZIKb17 7.50 0 12.00 7.2 aASFIb14 6.00 0 3.16 0.5 ASFIb14 6.00 0 3.16 0.5 --------------------------------------------- Instruments indexed to change of tenge rate to USD --------------------------------------------- KKGBb2 31.49 -1.54 8.00 0.7 BTASb2 29.80 +0.80 9.00 1.1 NRBNb2 27.00 0 9.00 2.2 ASBNb1 22.00 +2.00 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 43.51 -2.85 10.00 0.9 TEBNb3 19.97 +0.97 10.00 3.6 KZTCb1 19.51 +2.00 8.00 1.4 TEBNb16 18.88 +6.93 8.50 8.1 CSBNb2 16.00 0 9.50 1.2 CSBNb3 16.00 0 8.75 1.7 CCBNb2 15.00 0 10.00 0.04 PDESb1 14.00 0 9.00 1.8 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 15.48 +0.05 11.04 11.8 JGOKb2 9.12 -0.01 10.00 4.1 --------------------------------------------- Non-indexed instruments denominated in foreign currencies --------------------------------------------- BTASe3 106.99 +1.80 7.875 1.2 ASBNe2 95.93 +14.29 9.00 1.7 KKGBe4 31.53 +0.10 8.50 4.1 KKGBe5 29.84 -1.61 7.875 5.1 KKGBe6 28.36 -1.33 7.00 0.6 ATFBe4 26.75 -2.25 8.125 1.6 ATFBe2 24.50 +4.50 8.875 0.6 HSBKe1 18.00 -2.00 8.125 0.6 BRKZe3 16.63 +0.65 6.50 11.2 BRKZe2 16.60 +0.12 7.375 4.7 BRKZe4 16.59 +0.22 6.00 17.0 US_JPM_e1 10.60 +0.04 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 4.0 % 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. [2009-03-19]