Repo at KASE - KZT10,568.3m

/IRBIS, Apr 25, 02/ - On April 25, at Kazakhstan Stock Exchange (KASE) 50 deals were made at the repo floors (including automatic repo sector) amounting to KZT10,568.3m. 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 7.50 5.99 6.19 3,910.0 23 Open* 4 6.00 6.00 6.00 6.18 90.0 1 Open* 7 6.20 6.50 6.38 6.58 945.0 10 Open 13 5.00 5.00 5.00 5.12 60.0 1 Open* 14 6.30 7.00 6.71 6.93 310.0 2 Open 17 5.00 5.00 5.00 5.12 266.0 1 Open* 28 6.50 6.50 6.50 6.70 150.0 4 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 5,731.0 42 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 3.50 7.50 6.83 7.08 1,934.6 14 Close 2 4.00 4.00 4.00 4.08 10.2 1 Close 3 4.50 6.50 6.08 6.27 1,400.7 10 Close 7 6.23 6.30 6.25 6.45 1,491.8 14 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 4,837.3 39 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 10,568.3 81 ----------------------------------------------------------------------- By counter trade method (in automatic repo sector) a volume of 74 deals has amounted to KZT9,872.7m, including 40 (KZT5,405.0m) repo opening deals and 34 (KZT4,467.7m) repo closing deals. Indicator TONIA according to trades' results has been fixed at the level of 5.99% APR and fell relative to previous trade day by 0.85. 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 5.99 6.81 -0.82 7 6.38 6.20 +0.18 28 6.50 6.77 -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: +216.8% (KZT3,580.0m), 9 participants. Second tier banks (STB): - +KZT3,750.0m (borrowing, 5 banks), -KZT546.0m (lending, 2 banks); - in direct deals sector -KZT266.0m, in open trade market (auto repo) +KZT3,470.0m; - resulting balance +KZT3,204.0m (on previous day it was equal to +KZT2,020.0m). National Bank decreased its participation on autorepo market by 87.9% relative to yesterday. Notably, today it worked on lending as well on borrowing the money with positive resulting balance (i.e. it mainly sterilized market since volume of money supply from the side of pension market players had grew). Counteragents of the National Bank at repo market today were STB and their clients. As an instrument for liquidity regulation "overnight" repo was used. [2002-04-254]