Repo at KASE - KZT14,645.1m

/IRBIS, October 16, 02/ - On October 16, at Kazakhstan Stock Exchange (KASE) 73 deals were made at the repo floors (including automatic repo sector) amounting to KZT14,645.1m. 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 1 3.00 7.00 4.86 4.98 6 418.3 34 Open 5 4.80 4.80 4.80 4.92 128.4 1 Open 7 5.00 6.50 5.83 6.00 363.0 3 Open 31 6.00 6.00 6.00 6.17 30.0 1 Open 48 6.50 6.50 6.50 6.68 40.0 1 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 6,979.7 40 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 2.50 4.50 4.03 4.11 7 195.3 28 Close 7 4.50 4.50 4.50 4.60 90.1 2 Close 8 4.94 4.94 4.94 5.06 99.3 1 Close 14 5.20 5.20 5.20 5.33 250.5 1 Close 28 6.50 6.50 6.50 6.70 30.2 1 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 7,665.3 33 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 14,645.1 73 ----------------------------------------------------------------------- By open trades method (in automatic repo sector) a volume of 62 deals has amounted to KZT13,170.4m, including 35 (KZT6,669.0m) repo opening deals and 27 (KZT6,501.4m) repo closing deals. Indicator TONIA according to trades' results was fixed on the level of 4.86% APR and rose by 0.78 relative to the previous trading 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 4.86 4.04 +0.82 7 5.83 4.98 +0.85 ---------------------------------------------- Positions of major categories of participants in the market of repo on GS 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: 30.3% (KZT1,824.0m), 6 participants. Second tier banks (STB): - +KZT4,709.7m (borrowing, 6 banks), -KZT3,083.0m (lending, 6 banks); - in direct deals sector +KZT174.7m, in open trade market (auto repo sector) +KZT1,452.0m; - resulting balance KZT1,626.7m (on previous day it was equal to - KZT468.9m). National Bank today worked on money borrowing as well as on lending, having decreased its participation at repo market by 61.7%. Today counteragents of the National Bank were second tier banks and their clients. Liquidity regulation instrument was repo "overnight" and 7-day repo. [2002-10-16]