/IRBIS, November 13, 02/ - On November 13, at Kazakhstan Stock Exchange (KASE) 91 deals were made at the repo floors (including automatic repo sector) amounting to KZT20,248.2m. 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  2.50  5.00     3.64       3.71   7,823.5        31
Open              5  9.13  9.13     9.13       9.55      11.3         1
Open*             7  5.00  5.00     5.00       5.12     155.0         2
Open*            14  5.10  5.10     5.10       5.23     300.0         2
Open*            28  5.40  5.40     5.40       5.54     100.0         2
---------  --------  ----  ----  -------  ---------  --------  --------
Subtotal:                                             8,389.8        38
---------  --------  ----  ----  -------  ---------  --------  --------
Close             1  2.50  9.13     3.85       3.93  10,615.0        41
Close             2  4.00  4.20     4.10       4.18     380.1         4
Close             7  5.00  5.10     5.02       5.15     407.4         4
Close            14  5.25  5.25     5.25       5.38     455.9         4
---------  --------  ----  ----  -------  ---------  --------  --------
Subtotal:                                            11,858.4        53
---------  --------  ----  ----  -------  ---------  --------  --------
TOTAL:                                               20,248.2        91
-----------------------------------------------------------------------

By open trades method (in automatic repo sector) a volume of 71 deals has amounted to KZT12,268.2m, including 29 (KZT4,501.0m) repo opening deals and 42 (KZT7,767.2m) repo closing deals. Indicator TONIA according to trades' results equaled to 4.57% APR and rose by 0.06 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         3.64            3.85  -0.21
         7         5.00            5.00      0
        14         5.10            5.10      0
        28         5.40            5.40      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: -33.0% (KZT1,383.0m), 8 participants.

Second tier banks (STB):

• +KZT2,092.0m (borrowing, 5 banks), -KZT4,457.4m (lending, 5 banks);
• in direct deals sector -KZT3,505.5m, in open trade market (auto repo sector) +KZT1,140.0m;
• resulting balance was -KZT2,365.5m (on previous day it was equal to - KZT3,022.9m).

National Bank today worked on money borrowing having decreased its participation at repo market by 58.6%. Today counteragents of the National Bank were pension market subjects, second tier banks and their clients. Liquidity regulation instrument was repo "overnight".

[2002-11-13]