Repo at KASE - KZT12,621.0m

/IRBIS, Jan 28, 02/ - On January 28 at Kazakhstan Stock Exchange (KASE) 95 deals were made in the repo sector (including automatic repo sector) amounting to KZT12,621.0m. 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 1 KZT 4.00 9.00 4.20 4.29 4,169.8 24 Open* 2 KZT 4.50 5.70 5.44 5.59 230.0 3 Open* 3 KZT 4.75 5.70 5.65 5.81 1,900.0 17 Open* 7 KZT 5.30 5.80 5.55 5.71 1,005.0 5 -------- -------- -------- ---- ---- Subtotal: 7,304.8 49 -------- -------- -------- ---- ---- ------- --------- --------- -------- Close 3 KZT 4.00 5.50 4.40 4.50 1,708.8 16 Close 4 KZT 4.88 6.00 5.35 5.50 1,344.0 18 Close 5 KZT 5.15 5.75 5.64 5.80 1,336.0 6 Close 7 KZT 5.80 6.00 5.95 6.13 820.9 4 Close 14 KZT 6.00 6.00 6.00 6.18 5.0 1 Close 63 KZT 7.84 7.84 7.84 8.09 101.4 1 -------- -------- -------- ---- ---- ------- --------- --------- -------- Subtotal: 5,316.1 46 -------- -------- -------- ---- ---- ------- --------- --------- -------- TOTAL: 12,621.0 95 -------------------------------------------------------------------------------- In the automatic repo sector the volume of 78 deals has amounted to KZT11,168.1, including 41(KZT6,535.0m) repo opening deals and 37 (KZT4,633.1m) repo closing deals. Indicator TONIA according to trades results has been fixed at the level of 4.20% APR and decreased by 0.08 relative to previous trade day. Relative to Friday situation in this sector hasn't changed significantly. A number of second tier banks (STB) borrowing money (based on net position) remained the same - 6. Two banks were offering the funds (on Friday there were three). Total volume of STB money attractions today based on opening transactions net-positions is estimated by IRBIS at KZT5,299.8m whereas volume of floatation didn't exceed KZT158.8m. Resulting balance of STB at the floor - KZT5,141.0m in favor of attraction and doubled relative to previous trade day (KZT2,584.7m). Hence, it can be concluded that banks feel rising need in the short money. It is proved by a difference between opened and closed at the floor repo. At the same time it can't be said about any efforts with banks liquidity. As the main suppliers of money were, as usual, pension market subjects, and based ion rates dynamics, which have decreased on many terms, the shortest tenge supply exceeded the demand for them.