Repo at KASE - KZT2,530.5m

/IRBIS, Apr 9, 02/ - On April 9, at Kazakhstan Stock Exchange (KASE) 36 deals were made at the repo floors (including automatic repo sector) amounting to KZT2,530.5m. 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 5.35 4.80 4.91 910.2 14 Open* 7 5.00 5.50 5.27 5.41 130.0 3 --------- -------- ---- ---- ------- --------- ------- -------- Subtotal: 1,040.2 17 --------- -------- ---- ---- ------- --------- ------- -------- Close 1 4.50 5.00 4.67 4.78 1,220.2 13 Close 4 3.50 4.75 4.17 4.26 130.1 2 Close 7 5.25 5.30 5.28 5.41 40.0 2 Close 20 4.53 4.53 4.53 4.63 100.0 2 --------- -------- ---- ---- ------- --------- ------- -------- Subtotal: 1,490.2 19 --------- -------- ---- ---- ------- --------- ------- -------- TOTAL: 2,530.5 36 ---------------------------------------------------------------------- By counter trade method (in automatic repo sector) a volume of 33 deals has amounted to KZT2,365.2m, including 18 (KZT1,275.0m) repo opening deals and 15 (KZT1,090.2m) repo closing deals. Indicator TONIA according to trades' results has been fixed at the level of 5.00% APR and rose relative to previous trade day by 0.48. 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 4.80 4.60 +0.20 7 5.27 5.50 -0.23 ---------------------------------------------- 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: -65.6% (KZT825.0m), 8 participants. The National Bank: +95.0%, only borrowing for "overnight", working with STB. Second tier banks (STB): - +KZT1,740.2m (borrowing, 5 banks), -KZT1,070.0m (lending, 5 banks); - in direct deals sector net position of the banks was zero (gross + KZT85.2m), in open counter trade sector (auto repo) +KZT585.0m; - resulting balance +KZT670.2m (on previous day it was equal to +KZT2,510.0m). [2002-04-09]