Repo at KASE - KZT11,371.6 m

/IRBIS, February 26, 03/ - Today, at Kazakhstan Stock Exchange (KASE) 84 deals were made at the repo floors (including automatic repo sector) amounting to KZT11,371.6 m. Results of trades are given in the 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 1.75 4.50 3.76 3.84 4,883.6 32 Open* 2 3.85 11.00 7.29 7.63 212.1 3 Open 7 4.00 4.75 4.54 4.64 750.0 5 Open* 14 4.10 5.00 4.85 4.97 340.0 3 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 6,185.7 43 --------- -------- ----- ----- ------- --------- -------- -------- Close 1 2.00 4.50 4.02 4.10 3,865.4 31 Close 2 3.50 3.50 3.50 3.56 110.0 1 Close 7 5.20 5.25 5.22 5.35 835.8 5 Close 27 7.57 7.57 7.57 7.84 46.3 1 Close 28 5.50 12.00 6.81 7.06 226.2 2 Close 60 13.00 13.00 13.00 13.72 102.1 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 5,185.9 41 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 11,371.6 84 ------------------------------------------------------------------------- By open trades method (in automatic repo sector) a volume of 74 deals has amounted to KZT10,227.1 m, including 36 (KZT5,235.0 m) repo opening deals and 38 (KZT4,992.1 m) repo closing deals. Indicator TONIA according to trades' results totaled 3.79% APR and has decreased by 0.23% relative to previous day. Dynamics of repo rates (on opening transactions for comparable terms) is characterized with following parameters: ------------------------------------------------ Term Today's Previous day's calend. days rate, % APR rate, % APR Trend ------------ ----------- -------------- ----- 1 3.76 3.97 -0.21 7 4.54 4.76 -0.22 ------------------------------------------------ Positions of major categories of participants in the market of repo 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: -3.16% (-KZT765.0 m), 4 participants. Second tier banks (STB): - +KZT1,530.0 m (borrowing, 4 banks), -KZT5,100.7 m (lending, 8 banks); - in direct GS deals sector -KZT648.6 m, at open trade market (auto repo sector) -KZT2,820.0 m, in CS repo sector -KZT102.1 m; - resulting balance was -KZT3,570.7 m (on previous day it was equal to -KZT2,655.0 m). National Bank today did not change the stake of its participation at repo market still working on money borrowing. Today counteragents of the National Bank were pension market's subjects and STB. Liquidity regulation instrument was repo "overnight". [2003-02-26]