Repo at KASE - KZT11,007.5m

/IRBIS, June 28, 02/ - On June 28, at Kazakhstan Stock Exchange (KASE) 68 deals were made at the repo floors (including automatic repo sector) amounting to KZT11,007.5m. Results of trades are given in a table. Repo opening transactions, which are made only through open-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* 3 3.00 4.80 4.23 4.32 5,953.6 32.00 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 5,953.6 32 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 3.00 5.00 4.34 4.43 4,195.5 24 Close 2 4.39 4.41 4.40 4.50 249.6 3 Close 3 4.16 4.16 4.16 4.25 39.0 1 Close 7 4.50 4.80 4.63 4.73 360.3 5 Close 22 5.00 5.00 5.00 5.12 99.1 1 Close 25 4.85 4.85 4.85 4.96 110.4 2 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 5,053.9 36 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 11,007.5 68 ---------------------------------------------------------------- By open trades method (in automatic repo sector) a volume of 48 deals has amounted to KZT8,610.8m, including 23 (KZT4,555.0m) repo opening deals and 25 (KZT4,005.8m) repo closing deals. Indicator TONIA according to trades' results was fixed at the level of 4.31% APR. Dynamics of repo rates (on opening transactions for comparable terms) is characterized with following parameters: 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: -46.1% (KZT1,375.0m), 6 participants. Second tier banks (STB): - +KZT2,055.1m (borrowing, 2 banks), -KZT3,273.6m (lending, 5 banks); - in direct deals sector +KZT373.4m, in open trade market (auto repo sector) -KZT845.0m; - resulting balance -KZT1,218.4m (on previous day it was equal to - KZT976.0m). National Bank decreased its participation in autorepo market net positions by 25.0% relative to the previous trading day continuing to work only on money borrowing. Counteragents of the National Bank on deals were pension market subjects, STB and their clients. Liquidity regulation instrument were "overnight" repo. [2002-06-28]