Repo at KASE - KZT10,143.0m

/IRBIS, Jan 25, 02/ - On January 25 at Kazakhstan Stock Exchange (KASE) 66 deals were made in the repo sector (including automatic repo sector) amounting to KZT10,143.0m. Results of trades are given in the following table. Repo opening transactions, which are made only through counter- trade method (at automatic repo floor), are marked with asterisk. -------------------------------------------------------------------------- Repo rate, % APR --------------------------- Type of Calendar Currency Weighted average Volume repo terms, of repo ----------------- of deals, Number deals days Deals min max nominal effective KZT m of deals --------- -------- -------- ---- ---- ------- --------- --------- -------- Open 3 KZT 4.00 5.50 4.41 4.50 1,931.78 20 Open* 7 KZT 6.00 7.50 6.35 6.55 390.00 4 Open 28 KZT 6.50 7.00 6.70 6.91 1,635.33 7 --------- -------- -------- ---- ---- Subtotal: 3,957.11 31 --------- -------- -------- ---- ---- ------- --------- --------- -------- Close 1 KZT 4.00 6.50 4.24 4.33 3,383.75 16 Close 2 KZT 5.00 5.50 5.47 5.63 1,065.32 7 Close 3 KZT 6.00 6.00 6.00 6.18 170.08 2 Close 7 KZT 6.00 6.30 6.16 6.35 380.45 4 Close 14 KZT 7.00 7.00 7.00 7.24 495.33 1 Close 28 KZT 9.00 9.00 9.00 9.38 23.91 1 Close 29 KZT 9.00 9.10 9.09 9.48 566.32 3 Close 30 KZT 8.50 8.50 8.50 8.84 100.70 1 --------- -------- -------- ---- ---- ------- --------- --------- -------- Subtotal: 6,185.86 35 --------- -------- -------- ---- ---- ------- --------- --------- -------- TOTAL: 10,142.97 66 -------------------------------------------------------------------------- In the automatic repo sector the volume of 42 deals has amounted to KZT7,536.2, including 2 (KZT2,780.0m) repo opening deals and 22 (KZT4,756.2m) repo closing deals. Indicator TONIA according to trades results has been fixed at the level of 4.28% APR and increased by 0.08 relative to previous trade day. Relative to Thursday a number of second tier banks (STB) borrowing money in repo sector of KASE (based on net position) fell from 7 to 6. Three banks were offering the funds (yesterday there were five). Total volume of STB money attractions today based on opening transactions net-positions is estimated by IRBIS at KZT3,371.8m whereas volume of floatation didn't exceed KZT787.1m. Resulting balance of STB at the floor - KZT2,584.7m in favor of attraction. On Thursday the balance of KZT827.0m was in favor of floating. As the main suppliers of money were pension market subjects, however, STB also made noticeable contribution. The National Bank today didn't go beyond correspondent accounts sterilization at notes floatation. Repo rates dynamics relative to yesterday doesn't look tendentious: rates were changing in different directions. The most popular were the shortest money and four-week repo. IRBIs analysts think that banks liquidity by the end of the day could be defined as sufficient and even excessive. There is still a lot of free money at the market.