/IRBIS, October 29, 02/ - On October 29, at Kazakhstan Stock Exchange (KASE) 94 deals were made at the repo floors (including automatic repo sector) amounting to KZT14,187.0m. 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       2.00   5.20     4.39       4.49   5,733.6        35
Open*             3      12.17  12.17  **12.17      12.93       1.1         1
Open*             7       5.50   5.60     5.57       5.72     295.0         3
Open*            14       5.75   5.80     5.78       5.94     475.0         6
Open*            28       6.00   6.00     6.00       6.17      90.0         1
---------  --------  ---------  -----  -------  ---------  --------  --------
Subtotal:                                                   6,594.7        46
---------  --------  ---------  -----  -------  ---------  --------  --------
Close             1  -1 177.13   5.80     4.58       4.89   5,868.8        29
Close             5       5.16   5.16     5.16       5.29      12.0         1
Close             7       6.00   6.25     6.24       6.44     989.2        12
Close            14       5.20   6.45     5.56       5.71     350.7         3
Close            28       5.30   5.40     5.35       5.49     371.5         3
---------  --------  ---------  -----  -------  ---------  --------  --------
Subtotal:                                                   7,592.3        48
---------  --------  ---------  -----  -------  ---------  --------  --------
TOTAL:                                                     14,187.0        94
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** influence of correcting deal concerning CS repo

By open trades method (in automatic repo sector) a volume of 87 deals has amounted to KZT13,634.2m, including 42 (KZT6,072.0m) repo opening deals and 45 (KZT7,562.2m) repo closing deals. Indicator TONIA according to trades' results equaled to 4.33% APR and fell by 0.47 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         4.39            4.82  -0.43
         3        12.17            5.50  +6.67
         7         5.57            5.57      0
        14         5.78            5.80  -0.02
        28         6.00            6.00      0
----------------------------------------------

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: +4.9% (KZT2,119.0m), 11 participants.

Second tier banks (STB):

• +KZT2,102.6m (borrowing, 5 banks), -KZT3,178.6m (lending, 5 banks);
• in direct deals sector -KZT300.0m, in open trade market (auto repo sector) -KZT776.0m;
• resulting balance was -KZT1,076.0m (on previous day it was equal to - KZT1,313.0m).

National Bank today worked on money borrowing on having decreased its participation at repo market by 5.17%. Today counteragents of the National Bank were pension market subjects, second tier banks and their clients. Liquidity regulation instrument was repo "overnight".

[2002-10-29]