In June of 2003 volume of deals in KASE's repo sector grew by 14.1% to KZT261.5 bn

/IRBIS, July 3, 03/ - In June of 2003 at Kazakhstan stock exchange (KASE) in repo-transactions sector there were registered 2,028 deals to the total amount of KZT261.5 bn or USD1,757.0 m at the current rate on deals making date. In comparison with May of 2003 volume of transactions increased by KZT32.3 bn ($238.8 m) or by 14.1% (by 15.7% in terms of dollar). Relative to June of 2002 volume of transactions increased by KZT61.4 bn ($450.2 m) or by 30.7% (by 34.4% in temrs of dollar). Structure of repo market's turnover at KASE in June, which was calculated in tenge equivalent, was the following way: - the stake of automatic repo transactions was 91.1% of the sector's turnover (KZT238.3 bn), including deals in Government securities (GS) - 90.6% (KZT237.1 bn), deals in corporate securities (CS) - 0.5% (KZT1,240.3 m); - the stake of repo transactions, which were made by direct deals method, was 8.9% of the sector's turnover (KZT23.2 bn), including deals in GS - 7.4% (KZT19.4 bn), deals in CS - 1.5% (KZT3,821.2 m). For comparison, structure of stock exchange's repo market in 2002 was characterized by the following indexes: autorepo - 83.03% (GS - 83.01%; CS - 0.02%); repo by direct method - 16.97% (GS - 16.09%; CS - 0.88%). Below are tables, which characterize KASE's repo sector in May of 2003 on opening transactions in tenge. Automatic repo in GS - 90.6% of the market --------------------------------------------------------------------------- Repo rate, % APR Instrument ------------------------------------- Volume, Num- Stake of (currency, on first mini- maxi- on last weighted m ber of market, term, days) deal mum mum deal average KZT deals % ----------- -------- ----- ----- ------- -------- --------- ------ -------- KZT_001 4.00 1.00 18.00 4.60 3.47 97,914.1 593 83.0 KZT_002 3.10 2.00 7.00 4.00 3.78 3,356.0 38 2.8 KZT_003 3.50 3.00 5.00 5.00 3.29 775.0 14 0.7 KZT_007 4.20 3.40 10.00 5.00 4.55 7,135.0 93 6.0 KZT_014 5.10 3.85 8.00 4.60 5.14 6,207.0 68 5.3 KZT_028 6.00 4.50 6.50 5.60 5.42 2,619.0 21 2.2 ----------- -------- ----- ----- ------- -------- --------- ------ -------- TOTAL 118,006.1 827 100.0 --------------------------------------------------------------------------- Automatic repo in CS - 0.5% of the market ------------------------------------------------------------------------- Repo rate, % APR Instrument ------------------------------------- Volume, Num- Stake of (security, on first mini- maxi- on last weighted m ber of market, term, days) deal mum mum deal average KZT deals % ----------- -------- ----- ----- ------- -------- ------- ------ -------- CCBN_007 7.00 7.00 7.00 7.00 7.00 130.0 3 20.4 KZIKb1_014 7.00 7.00 29.0 1 4.6 KZIKb1_028 8.00 8.00 8.00 8.00 8.00 147.0 4 23.1 ORDBb1_014 11.00 11.00 11.00 11.00 11.00 20.0 2 3.1 ORDBb1_028 12.00 11.00 12.00 12.00 11.36 109.0 10 17.1 TXBNb1_007 6.00 6.00 6.00 6.00 6.00 67.0 3 10.5 TXBNb1_014 7.00 7.00 7.00 7.00 7.00 50.0 2 7.8 VTBN_001 3.00 3.00 1.0 1 0.2 VTBN_007 4.50 4.50 1.0 1 0.2 VTBN_014 11.00 5.00 11.00 5.00 10.14 7.0 2 1.1 VTBN_028 10.00 9.50 10.00 9.50 9.81 65.0 4 10.2 VTBNb1_001 3.00 3.00 1.0 1 0.2 VTBNb1_007 4.50 4.50 1.0 1 0.2 VTBNb1_014 5.00 5.00 1.0 1 0.2 VTBNb1_028 7.00 7.00 1.0 1 0.2 VTBNp_001 3.00 3.00 1.0 1 0.2 VTBNp_007 4.50 7.87 4.0 2 0.6 VTBNp_014 5.00 5.00 1.0 1 0.2 VTBNp_028 7.00 7.00 1.0 1 0.2 ----------- -------- ----- ----- ------- -------- ------- ------ -------- TOTAL 637.1 42 100.0 ------------------------------------------------------------------------- Repo on direct deals in GS - 7.4% of the market ----------------------------------------------------------------------------- Repo rate, % APR Term of ----------------------------------------- Volume, Num- Stake of repo, on first mini- maxi- on last weighted m ber of market, days deal mum mum deal average KZT deals % ------- -------- ----- ----- ------- -------- ------- ------ -------- (correction 0 transactions) 5.20 5.20 150.0 1 1.6 1 3.18 1.28 12.00 4.98 4.25 3,521.1 29 37.2 2 2.20 2.20 7.50 3.50 4.84 805.6 7 8.5 3 2.00 1.70 3.50 2.50 3.03 786.7 8 8.3 4 3.30 2.75 5.00 3.76 3.58 1,009.5 6 10.7 5 2.60 2.60 100.0 1 1.1 6 3.00 3.00 3.00 3.00 3.00 300.0 3 3.2 7 4.00 3.00 4.25 3.40 3.57 751.3 7 7.9 8 3.00 3.00 387.5 1 4.1 9 3.00 3.00 4.30 4.30 3.47 472.3 4 5.0 10 3.10 3.10 13.0 1 0.1 11 3.00 3.00 3.00 3.00 3.00 135.0 2 1.4 13 2.30 2.30 2.30 2.30 2.30 94.9 2 1.0 14 5.50 5.50 150.0 1 1.6 21 5.50 5.50 159.0 1 1.7 26 6.00 5.00 6.00 5.00 5.50 142.4 12 1.5 28 5.79 4.40 5.79 4.40 4.71 428.0 3 4.5 30 5.00 5.00 6.00 6.00 5.90 57.1 2 0.6 ------- -------- ----- ----- ------- -------- ------- ------ -------- TOTAL 9,463.4 91 100.0 ----------------------------------------------------------------------------- Repo on direct deals in CS - 1.5% of the market ----------------------------------------------------------------------------- Repo rate, % APR ------------------------------- Subject Term of ----- ----- ------- -------- Volume, Num- Stake of of repo, mini- maxi- on last weighted m ber of market, repo days mum mum deal average KZT deals % -------- ------- ----- ----- ------- -------- ------- ------ -------- ALKS 99 7.97 7.97 145.8 1 9.16 -------- ------- ----- ----- ------- -------- ------- ------ -------- ALKSb2 1 6.00 6.00 85.1 1 5.34 -------- ------- ----- ----- ------- -------- ------- ------ -------- ALKSp 8 9.12 9.12 70.5 1 4.43 31 9.42 9.42 8.9 1 0.56 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 79.4 2 4.99 -------- ------- ----- ----- ------- -------- ------- ------ -------- ASFIb2 1 5.01 5.01 4.8 1 0.30 3 10.50 10.50 60.0 1 3.77 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 64.8 2 4.07 -------- ------- ----- ----- ------- -------- ------- ------ -------- BTASb1 182 15.00 15.00 0.3 1 0.02 -------- ------- ----- ----- ------- -------- ------- ------ -------- BTASb2 182 15.04 15.04 0.9 1 0.06 -------- ------- ----- ----- ------- -------- ------- ------ -------- CCBN 1 5.48 8.63 8.63 6.74 63.6 2 3.99 10 8.58 8.58 6.8 1 0.43 14 8.00 8.00 8.00 8.00 32.2 2 2.02 29 11.01 11.01 11.01 11.01 65.0 2 4.08 30 9.00 9.00 4.0 1 0.25 31 9.01 9.01 15.0 1 0.94 101 7.04 7.04 15.9 1 1.00 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 202.6 10 12.72 -------- ------- ----- ----- ------- -------- ------- ------ -------- KZNHb1 7 8.50 8.50 8.0 1 0.50 15 8.50 8.50 55.0 1 3.45 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 63.0 2 3.96 -------- ------- ----- ----- ------- -------- ------- ------ -------- KZTKb1 7 4.00 4.00 55.0 1 3.45 -------- ------- ----- ----- ------- -------- ------- ------ -------- KZTKp 11 15.00 15.00 0.2 1 0.01 -------- ------- ----- ----- ------- -------- ------- ------ -------- KZTOb 30 5.50 5.50 8.5 1 0.53 -------- ------- ----- ----- ------- -------- ------- ------ -------- KZTOe1 12 4.00 4.00 3.2 1 0.20 -------- ------- ----- ----- ------- -------- ------- ------ -------- RGBRb3 2 3.75 7.50 3.75 6.99 100.3 2 6.30 7 7.64 8.15 7.64 8.04 100.9 2 6.34 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 201.2 4 12.64 -------- ------- ----- ----- ------- -------- ------- ------ -------- SYRGb1 1 5.25 5.25 30.0 1 1.89 7 4.00 4.00 45.0 1 2.83 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 75.0 2 4.71 -------- ------- ----- ----- ------- -------- ------- ------ -------- TEBN 8 7.98 7.98 26.0 1 1.63 -------- ------- ----- ----- ------- -------- ------- ------ -------- UTMK 4 9.00 9.00 40.8 1 2.56 -------- ------- ----- ----- ------- -------- ------- ------ -------- VITAb3 5 10.00 10.00 5.0 1 0.32 30 12.00 12.00 12.00 12.00 10.0 2 0.63 31 11.00 11.00 15.5 1 0.97 32 13.00 13.00 1.0 1 0.06 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 31.5 5 1.98 -------- ------- ----- ----- ------- -------- ------- ------ -------- VTBN 3 12.54 12.54 60.0 1 3.77 10 6.05 8.55 8.55 8.23 58.6 3 3.68 14 7.00 8.52 7.00 8.02 16.9 2 1.06 17 7.05 7.05 5.1 1 0.32 21 8.54 8.54 38.0 1 2.39 26 8.00 10.01 8.00 9.01 142.4 2 8.94 28 9.99 9.99 45.0 1 2.83 31 10.49 10.49 5.0 1 0.31 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 371.0 12 23.30 -------- ------- ----- ----- ------- -------- ------- ------ -------- VTBNb1 31 8.50 8.50 20.0 1 1.26 -------- ------- ----- ----- ------- -------- ------- ------ -------- VTBNp 3 12.01 12.06 12.06 12.03 2.9 2 0.18 4 11.99 11.99 1.4 1 0.09 32 12.00 12.00 66.8 1 4.19 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 71.1 4 4.47 -------- ------- ----- ----- ------- -------- ------- ------ -------- ZERD 7 10.43 10.43 46.6 1 2.93 -------- ------- ----- ----- ------- -------- ------- ------ -------- TOTAL 1,592.2 55 100.0 ----------------------------------------------------------------------------- Stake of stock exchange's turnover in total volume of repo deals of Kazakhstan secondary market in June was 92.3%, in May - 92.1%. [2003-07-03]