Repo at KASE - KZT8,128.6m

/IRBIS, Apr 3, 02/ - On April 3, at Kazakhstan Stock Exchange (KASE) 59 deals were made at the repo floors (including automatic repo sector) amounting to KZT8,128.6m. Results of trades are given in a table. Repo opening transactions, which are made only through counter-trade method, are marked with asterisk. ----------------------------------------------------------------------- Repo rate, % APR ------------------------------- Type of Calendar Weighted average Volume Repo terms, ------------------ KZT Number deal days Min Max nominal effective m of deals --------- -------- ---- ----- ------- --------- ------- -------- Open 1 4.50 5.01 4.52 4.63 3,010.0 21 Open* 2 4.75 4.75 4.75 4.86 70.0 1 Open* 7 5.00 5.40 5.01 5.13 705.0 5 Open* 14 5.50 5.50 5.50 5.65 500.0 1 Open 27 7.00 10.00 8.50 8.85 80.0 2 --------- -------- ---- ----- ------- --------- ------- -------- Subtotal: 4,365.0 30 --------- -------- ---- ----- ------- --------- ------- -------- Close 1 4.01 4.50 4.50 4.60 3,130.1 14 Close 2 4.50 4.75 4.71 4.82 193.1 4 Close 5 4.53 4.53 4.53 4.64 150.1 1 Close 7 4.46 6.00 5.69 5.85 290.3 10 --------- -------- ---- ----- ------- --------- ------- -------- Subtotal: 3,763.6 29 --------- -------- ---- ----- ------- --------- ------- -------- TOTAL: 8,128.6 59 ----------------------------------------------------------------------- By counter trade method (in automatic repo sector) a volume of 49 deals has amounted to KZT7,445.7m, including 26 (KZT4,035.0m) repo opening deals and 23 (KZT3,410.7m) repo closing deals. Indicator TONIA according to trades' results has been fixed at the level of 4.50% APR and did not change relative to previous trade day. Dynamics of repo rates (on opening transactions for comparable terms) is characterized with following parameters: ---------------------------------------------- Calendar Today's Previous day's term, days rate, % APR rate, % APR Trend ---------- ----------- -------------- ----- 1 4.52 4.50 +0.02 2 4.75 5.42 -0.67 7 5.01 5.28 -0.27 ---------------------------------------------- Positions of major categories of participants in the market looked in the following way (based on net positions of opening transactions; in volumes "+" - borrowing, "-" - lending; trends in percents relative to previous trading day). Pension market subjects: -19.8% (KZT2,770.0m), 9 participants. The National Bank: +38.5%, only borrowing for "overnight", 7 and 14 days, working with all categories of participants. Second tier banks (STB): - +KZT845.0m (borrowing, 3 banks), -KZT1,300.0m (lending, 3 banks); - in direct deals sector +KZT60.0m, in open counter trade sector (auto repo) -KZT515.0m; - resulting balance -KZT455.0m (-142.1%). Situation in the shortest money market has shifted towards the growth of liquidity compared to yesterday. [2002-04-03]