Repo at KASE - KZT13,338.5m

/IRBIS, Feb 26, 02/ - On February 26, at Kazakhstan Stock Exchange (KASE) 56 deals were made in the repo sector (including automatic repo sector) amounting to KZT13,338.5m. Results of trades are given in the following table. Repo 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 4.50 5.70 5.02 5.15 6,211.8 21 Open* 2 KZT 5.20 5.20 5.20 5.34 150.0 1 Open 6 KZT 6.00 6.00 6.00 6.18 150.1 1 Open* 7 KZT 6.00 6.00 6.00 6.18 105.0 2 Open* 14 KZT 7.50 7.50 7.50 7.78 150.0 1 Open* 28 KZT 7.00 7.50 7.23 7.47 365.0 3 --------- -------- -------- ---- ---- ------- --------- --------- -------- Subtotal: 7,132.0 29 --------- -------- -------- ---- ---- ------- --------- --------- -------- Close 1 KZT 5.00 6.00 5.00 5.13 3,515.5 20 Close 5 KZT 6.00 6.00 6.00 6.18 150.1 1 Close 7 KZT 5.50 7.00 6.22 6.42 325.4 3 Close 11 KZT 5.26 5.26 5.26 5.40 200.0 1 Close 22 KZT 6.07 6.07 6.07 6.24 150.5 1 Close 28 KZT 7.00 7.00 7.00 7.23 1,865.0 1 --------- -------- -------- ---- ---- ------- --------- --------- -------- Subtotal: 6,206.5 27 --------- -------- -------- ---- ---- ------- --------- --------- -------- TOTAL: 13,338.5 56 -------------------------------------------------------------------------------- By counter trade method (in automatic repo sector) a volume of 42 deals has amounted to KZT7,055.7m, including 25 (KZT4,650.0m) repo opening deals and 17 (KZT2,405.6m) repo closing deals. Indicator TONIA according to trades' results has been fixed at the level of 5.03% APR and rose by 0.03 relative to previous trade day. Situation in repo market continues developing in a direction showing tenge liquidity growth. Relative to yesterday a sterilizing position of the National Bank at repo floor increased by 19%, besides, at notes floatation the Central bank attracted KZT404.3m). Volume of "pension money" supply on made deals also has risen. Number BST lending money from their accounts increased from 2 to 3. Number of banks borrowing money hasn't changed relative to Monday. Resulting balance of the banks at the floor was in favor of floatation and totaled KZT827.7m. On previous working day this parameter was in favor of borrowing and was estimated by IRBIS analysts at KZT1,015.0m. It's interesting that banks today were able to lend for different terms KZT3.6bn. Insignificant growth of prices of the shortest money, based on IRBIS specialists' opinion, was conditioned by increased demand for them (that shows heterogeneous short-term liquidity of banks) and also a play of certain traders on rates difference (one BST was borrowing today as well as lending a large amounts).