Repo at KASE - KZT14,367.5 m

/IRBIS, August 22, 03/ - Today, at Kazakhstan Stock Exchange (KASE) 121 deals were made at the repo floors (including automatic repo sector) amounting to KZT14,367.5 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 3 3.00 4.70 3.69 3.75 6,556.0 58 Open* 7 4.50 5.50 5.07 5.19 378.0 9 Open* 14 4.80 5.20 4.97 5.09 593.0 4 Open* 28 5.10 5.20 5.15 5.28 153.0 3 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 7,680.0 74 --------- -------- ----- ----- ------- --------- -------- -------- Close 1 4.00 6.50 5.51 5.66 4,786.7 28 Close 2 5.75 5.75 5.75 5.92 200.1 1 Close 3 4.00 4.93 4.34 4.44 301.1 4 Close 7 3.60 3.75 3.70 3.77 613.4 3 Close 14 4.50 4.75 4.58 4.68 320.6 3 Close 28 5.20 5.50 5.44 5.58 464.9 7 Close 31 10.00 10.00 10.00 10.47 0.6 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 6,687.4 47 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 14,367.5 121 ------------------------------------------------------------------ By open trades method (in automatic repo sector) a volume of 111 deals has amounted to KZT13,281.7 m, including 71 (KZT7,395.0 m) repo opening deals and 40 (KZT5,886.7 m) repo closing deals. Indicator TONIA according to trades' results totaled 3.66% APR and has decreased by 1.82 relative to the 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 ------------ ----------- -------------- ----- 7 5.07 5.39 -0.32 14 4.97 5.08 -0.11 28 5.15 5.48 -0.33 ------------------------------------------------ Positions of major categories of participants in the market of repo were as follows (based on net positions of opening transactions; in volumes "+" - borrowing, "-" - lending; trends in percents relative to previous trading day). Pension market participants: +81.3%, (-KZT1,334.0 m.), 7 participants. Second tier banks (STB): - +KZT5,999.0 m (borrowing, 8 banks), -KZT5,821.0 m (lending, 6 banks); - in direct deals sector on GS net-position was equal to zero, at open trade market (auto repo sector) +KZT178.0 m; - resulting balance was +KZT178.0 m (on previous day it was equal to -KZT1,364.0 m). National Bank today significantly decreased the stake of its participation at the repo market working only for money borrowing. Today counteragents of the National Bank were STB. Liquidity regulation instrument was 3-day repo. [2003-08-22]