Repos at KASE - 183.6 mln tenge

/IRBIS, Feb.09, 00/ - Today at Kazakhstan stock exchange (KASE) 3 transactions to the total sum of 183.6 mln tenge were made in repo sector. Repo opened: 1 days (KZT40.9 mln) - 7.41% APR; 12 days (KZT92.7.0 mln) - 10.50% APR. Repo closed: 1 days (KZT50.0 mln) - 56.17% APR. This repo closing is the first on KASE so-called indexed repo. For these operations the currency State Securities are used. Recently KASE has allowed to the members to make such transactions. The opening and closing prices can be declared by the participants not only in tenge with an accumulated interest, but in percentage also (in so-called net prices). As all settlements are carried out at the day closing in tenge, repo is automatically transformed into the devaluation indexed deposit, or in the currency deposit with settlement in tenge under the current exchange or official rate (it depends on the State Securities type). At closing of the trades current repo rates in KASE trade system reached (weighted average nominal rate, volume of receipts): 1 days (KZT40.9 mln) - 7.41% APR; 10 days (KZT101.6 mln) - 7.50% APR; 12 days (KZT92.7.0 mln) - 10.50% APR; 27 days (KZT33.7 mln) - 12.88% APR; 30 days (KZT27.0 mln) - 15.00% APR.