In May 2001 volume of deals in GB at the KASE totaled KZT66,201.7 mln
01.06.01 00:00
/IRBIS, June 1, 01/ - In May of year 2001, 935 deals for a total of
KZT66,201.7 mln ($453.0 mln at the current exchange rate of KASE) were
made in all sectors of the government bonds (GB) market of Kazakhstan
Stock Exchange. In last month, total volume of 853 deals totaled
KZT69,914.2 mln ($480.3 mln).
In purchase and sale sector 415 deals were made for a total of
KZT24,732.3 mln. In comparison with previous month the sector's turnover
rose by 0.3%. Statistical indicators and turnover structure are given in the
table (in parentheses - comparable figures of previous month).
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Yield to
maturity for the buyer, % APR.
Days ------------------------------- Volume, mln KZT Number
till maturity min max last WA at discount of deals
---------------- ----- ----- ----- ------------- ------------------ --------
Discounted GB: MEKKAM-12, notes 18.2% (18.2%) of sector's turnover
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less than 8 4.70 6.26 5.48 5.76 (3.24) 551.5 17
8 - 14 4.01 5.94 5.03 5.39 (5.60) 481.6 14
15 - 28 4.01 5.82 5.32 5.42 (5.55) 328.7 8
29 - 36 5.35 5.87 5.87 5.72 (5.45) 197.9 3
37 - 42 5.19 5.60 5.60 5.32 (5.36) 117.7 2
43 - 56 5.05 5.61 5.43 5.44 (5.45) 174.5 9
57 - 63 5.62 5.62 5.62 5.62 (5.52) 1.5 1
64 - 91 5.21 6.10 5.40 5.70 (5.32) 112.0 5
92 - 181 6.00 6.30 6.30 6.18 (14.26) 104.1 3
182 - 364 6.50 6.50 6.50 6.50 (7.14) 61.7 1
---------------- ----- ----- ----- ------------- ------------------ --------
Total: 2,131.1(4,484.8) 63(123)
---------------- ----- ----- ----- ------------- ------------------ --------
Coupon GB: MEOKAM-24, 36, 48, MEAKAM-120 32.9% (10.8%) of sector's turnover
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421 - 701 7.77 9.86 8.92 8.68 (10.27) 2,802.1 40
833 - 1,088 8.63 14.54 8.82 9.51 (10.92) 2,082.5 62
1,446 - 1,446 11.00 11.00 11.00 11.00 ( -) 72.5 1
2,407 - 2,434 12.56 13.15 12.56 12.94 (13.14) 3,189.3 18
---------------- ----- ----- ----- ------------- ------------------ --------
Total 8,146.5(5,125.4) 121(56)
---------------- ----- ----- ----- ------------- ------------------ --------
Euronotes of Kazakhstan, USD 58.5% (60.9%) of sector's turnover
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*482 - 510 5.65 6.46 5.65 6.00 (6.20) 1,711.7 31
**1,218 - 1,246 7.04 7.26 7.16 7.14 (7.10) 8,684.1 166
***2,141 - 2,169 7.00 7.36 7.29 7.25 (7.32) 4,058.8 34
---------------- ----- ----- ----- ------------- ------------------ --------
Total: 14,454.7(15,029.7) 231(161)
---------------- ----- ----- ----- ------------- ------------------ --------
GRANDTOTAL 24,732.3(24,666.1) 415(288)
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Notes: for euronotes (* - second issue, ** - third issue, *** - fourth issue)
volumes were calculated at weighted average USD/KZT rate of the Exchange.
Volumes of indexed domestic GB were calculated at official USD/KZT rate.
In repo sector of KASE 520 deals were registered for a total of
KZT41,469.4 mln in May. Corresponding figure for the previous month - 511
deals for KZT45,248.0 mln.
In May the share of the Exchange's turnover in total volume of the deals
made on the Kazakhstani secondary market of GB based on comparable
operations (including euronotes and repo deals) equaled 88.7% (in April -
80.0%).
Table below presents monthly volume of deals in GB at KASE in 2001 (KZT,
mln)
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GB sector
of the stock exchange market
-------------------------------
Month Primary Purchase-sale Repo Total
-------- ------- ------------- --------- ---------
January 0 16,630.8 65,433.5 82,064.4
February 0 21,351.7 30,669.9 52,021.6
March 0 17,922.6 45,427.5 63,350.1
April 0 24,666.1 45,248.0 69,914.2
May 0 24,732.3 41,469.4 66,201.7
-------- ------- ------------- --------- ---------
TOTAL 0 105,303.6 228,248.3 333,551.9
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In year 2000 volume of GB operations at KASE estimated at KZT446,886.9
mln. In first five months of 2000 corresponding figure equaled KZT100,688.3
mln. Thus, compared to similar period of 2000, in this year volume of GB
operations at KASE increased 3.3 times, or KZT231.3 mln.