STATISTICS: weekly volume of trades in state Securities on KASE - $399.3

/IRBIS, Nov.19, 99/ - Statistical parameters of trades in the State Securities (SS) on the Kazakhstan Stock Exchange are stated below (in parentheses the parameters of the previous week are shown). Annual yield to maturity, % ------------------------------------- Till maturity, Weighted Volume, days Min Max Last trade average million KZT Deals -------------- ------- ------- ---------- ---------- ------------------ ------- Discount SS: МЕККАМ-3, notes 34.9% (30.4%) from sector's turnover -------------- ------- ------- ---------- ---------- ------------------ ------- 8 or less 9.11 9.71 9.11 9.69 94.7 5 15 - 28 13.00 13.00 13.00 13.00 3.0 1 29 - 36 13.00 13.00 13.00 13.00 36.6 4 43 - 56 10.00 10.00 10.00 10.00 4.9 1 -------------- ------- ------- ---------- ---------- ------------------ ------- Subtotal 139.2 (58.2) 11 (9) Discount indexed SS: МЕКАVМ-3 8.7 (0%) from sector's turnover -------------- ------- ------- ---------- ---------- ------------------ ------- 8 - 14 7.29 7.29 7.29 7.29 7.0 1 15 - 28 8.28 8.52 8.28 8.45 27.9 2 -------------- ------- ------- ---------- ---------- ------------------ ------- Subtotal 34.9 (0) 3 (0) Euronotes of Kazakhstan, USD 56.4 (69.6%) from sector's turnover -------------- ------- ------- ---------- ---------- ------------------ ------- *33 - 35 10.294 10.3571 10.3571 10.3479 16.8 2 **1033 - 1037 9.8577 10.3251 10.2717 10.1146 15.5 3 ***1770 - 1773 12.9145 13.1882 12.9145 12.9348 192.9 2 -------------- ------- ------- ---------- ---------- ------------------ ------- Subtotal 225.2 (133.2) 7 (12) -------------- ------- ------- ---------- ---------- ------------------ ------- TOTAL 399.3 (191.5) 21 (21) Notes: For the euronotes (* - first issue; ** - second issue; *** - third issue) APR for the buyer, calculated under the KASE's algorithm at an average weighted market USD/KZT rate is shown; APR of the indexed internal SS is calculated at an official USD/KZT rate. After sharp fall in the sector's trade volumes caused by the dealers' uncertainty, the trade activity restores gradually. The dealers prefer the not indexed SS, which share in the market turnover grows steadily. It is still a long way to the complete recovery of market liquidity, as before the usual week turnover in this sector varied from 1.5 to 3.2 billion tenges.