STATISTICS: Weekly volume of trades in State Securities on KASE - $3,138.1 million tenges

/IRBIS, Dec.24, 99/ - The next week is canceled in the KASE sector of State Securities purchase and sale. Statistical parameters of trades in 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 33.9 (18.6%) from the sector's turnover 29 - 36 13.18 13.18 13.18 13.18 21.6 2 43 - 56 14.77 15.30 14.77 15.19 70.4 2 57 - 63 15.36 15.36 15.36 15.36 311.7 2 64 - 91 13.98 15.53 15.02 14.76 661.6 17 -------------- ------- ------- ---------- ---------- ------------------ ------- Subtotal 1 065.3 (619.1) 23 (13) Discount indexed SS: МЕКАVМ-9 3.0% (0.9) from the sector's turnover 183 - 364 9.60 9.74 9.74 9.69 94.3 10 -------------- ------- ------- ---------- ---------- ------------------ ------- Subtotal 94.3 (30.8) 10 (5) Coupon indexed SS: AVМЕКАМ 9.0% (0.3%) from the sector's turnover 1567 - 1570 13.96 14.54 14.54 14.54 282.4 2 -------------- ------- ------- ---------- ---------- ------------------ ------- Subtotal 282.4 (10.0) 2 (1) Euronotes of Kazakhstan, USD 63.7 (67.5%) from the sector's turnover *999 - 1000 10.3715 10.5898 10.3762 10.4057 565.4 5 **1734 - 1738 11.6084 12.1291 11.6084 11.7695 1 130.7 12 -------------- ------- ------- ---------- ---------- ------------------ ------- Subtotal 1 696.1 (2 666.9) 17 (26) -------------- ------- ------- ---------- ---------- ------------------ ------- TOTAL 3 138.1 (3 326.8) 52 (45) Notes: For the euronotes (* - 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. The main tendencies of the period: - The sharp decrease of the dealers' and brokers' activity in the work with the Euronotes of Kazakhstan after redemption of the first issue bonds - the market is normalized, the habitual turn-over structure is restored; - The activity in the work with not devaluation indexed discount State Securities increases reflecting low devaluation expectations of the participants; - Rather low share of the exchange market - 62-65% of the secondary State Securities turn-over; earlier KASE controled of about 90% of the secondary State Securities market. By results of the week even the exchange sector of the secondary State Securities market makes favorable impression due to high liquidity and rather big number of the tools.