In August of 2003 volume of deals in KASE's repo sector decreased by 9.2% to KZT300.9 bn

/IRBIS, September 2, 03/ - In August of 2003 at Kazakhstan stock exchange (KASE) in repo-transactions sector there were registered 2,480 deals to the total amount of KZT300.9 bn or USD2,050.4 m at the current rate on deals making date, that is 55.8% of the whole August's turnover. In comparison with July of 2003 volume of transactions decreased by KZT30.5 bn ($205.3 m) or by 9.2% (by 9.1% in terms of dollar). Relative to August of 2002 volume of transactions increased by KZT94.0 bn ($709.6 m) or by 45.4% (by 52.9% in temrs of dollar). Structure of repo market's turnover at KASE in August, which was calculated in tenge equivalent, was as follows: - the stake of automatic repo transactions was 89.4% of the sector's turnover (KZT269.1 bn), including deals in Government securities (GS) - 89.7% (KZT269.9 bn), deals in corporate securities (CS) - 0.3% (KZT773,2 m); - the stake of repo transactions, which were made by direct deals method, was 10.1% of the sector's turnover (KZT30.3 bn), including deals in GS - 9.1% (KZT27.4 bn), deals in CS - 0.9% (KZT2,809.6 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 August of 2003 on opening transactions in tenge. Automatic repo in GS - 89.7% 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 3.40 0.50 17.00 1.50 3.38 112,317.1 836 83.4 KZT_002 2.51 2.41 5.00 4.00 3.65 1,173.0 17 0.9 KZT_003 3.90 2.50 6.20 6.20 4.45 1,221.0 13 0.9 KZT_007 4.00 3.00 7.00 4.60 4.50 7,241.0 84 5.4 KZT_014 4.40 3.75 6.50 5.00 4.79 7,071.0 79 5.3 KZT_028 4.50 4.10 6.66 5.10 4.94 5,650.0 79 4.2 ----------- -------- ----- ----- ------- -------- --------- ------ -------- TOTAL 134,673.2 1,108 100.0 --------------------------------------------------------------------------- Automatic repo in CS - 0.3% 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 % ----------- -------- ----- ----- ------- -------- ------- ------ -------- KZIKb1_001 4.50 4.50 4.70 4.70 4.65 115.0 3 38.3 KZIKb1_003 5.00 5.00 5.00 5.00 5.00 50.0 2 16.7 KZIKb1_014 6.00 6.00 7.00 7.00 6.46 65.0 2 21.7 KZIKb1_028 7.00 7.00 8.00 8.00 7.36 55.0 2 18.3 ORDBb1_014 12.00 12.00 15.0 1 5.0 ----------- -------- ----- ----- ------- -------- ------- ------ -------- TOTAL 300.0 10 100.0 ------------------------------------------------------------------------- Repo on direct deals in GS - 9.1% 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 % ------- -------- ----- ----- ------- -------- -------- ------ -------- 1 2.00 0.80 15.00 15.00 4.25 6,220.1 34 49.0 2 3.00 2.50 5.50 2.50 3.48 2,200.3 6 17.3 3 4.50 4.00 4.50 4.00 4.17 300.0 3 2.4 4 6.00 4.00 6.00 4.21 4.93 745.5 5 5.9 5 5.75 5.25 7.50 5.25 5.97 850.4 5 6.7 6 1.50 1.50 6.99 5.25 4.86 496.9 3 3.9 7 3.50 2.50 5.80 2.50 5.18 361.0 4 2.8 8 2.00 2.00 50.0 1 0.4 9 3.25 3.25 35.0 1 0.3 12 3.00 2.00 3.00 2.00 2.42 172.3 2 1.4 14 4.10 4.10 4.20 4.20 4.19 327.0 2 2.6 19 3.75 3.75 14.0 1 0.1 24 2.50 2.50 90.1 1 0.7 26 3.50 3.50 97.7 1 0.8 28 5.00 3.00 5.00 3.00 3.24 342.2 2 2.7 31 4.00 4.00 24.1 1 0.2 91 16.00 16.00 16.00 16.00 16.00 360.2 2 2.8 ------- -------- ----- ----- ------- -------- -------- ------ -------- TOTAL 12,686.8 74 100.0 ------------------------------------------------------------------------------ Repo on direct deals in CS - 0.9% 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 131 8.08 8.08 58.0 1 4.74 -------- ------- ----- ----- ------- -------- ------- ------ -------- ALKSp 41 8.11 8.11 11.5 1 0.94 -------- ------- ----- ----- ------- -------- ------- ------ -------- BTAS 22 10.00 10.00 50.0 1 4.09 -------- ------- ----- ----- ------- -------- ------- ------ -------- CCBN 32 9.01 9.01 9.01 9.01 23.0 3 1.88 184 10.00 10.00 100.0 1 8.18 185 14.70 14.70 130.0 1 10.63 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 253.0 5 20.69 -------- ------- ----- ----- ------- -------- ------- ------ -------- CSBNb2 1 4.00 4.00 203.2 1 16.61 3 4.00 4.00 23.1 1 1.89 22 4.00 4.00 23.1 1 1.89 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 249.3 3 20.38 -------- ------- ----- ----- ------- -------- ------- ------ -------- KZMS 29 36.50 36.50 9.0 1 0.74 -------- ------- ----- ----- ------- -------- ------- ------ -------- KZTKb1 28 9.00 9.00 9.00 9.00 11.3 2 0.93 -------- ------- ----- ----- ------- -------- ------- ------ -------- KZTKp 31 15.00 15.00 1.2 1 0.10 -------- ------- ----- ----- ------- -------- ------- ------ -------- RGBRb3 4 5.53 6.45 6.45 6.05 101.5 3 8.30 7 6.32 6.85 6.85 6.48 150.4 2 12.30 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 251.9 2 20.60 -------- ------- ----- ----- ------- -------- ------- ------ -------- TEBN 41 8.00 8.00 11.5 1 0.94 -------- ------- ----- ----- ------- -------- ------- ------ -------- UTMKp 10 10.00 10.00 10.00 10.00 12.1 2 0.99 -------- ------- ----- ----- ------- -------- ------- ------ -------- VITAb3 1 9.10 9.10 9.10 9.10 6.5 2 0.53 30 9.10 9.10 9.10 9.10 6.5 2 0.53 31 12.00 12.00 12.00 12.00 18.0 3 1.47 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 31.0 7 2.53 -------- ------- ----- ----- ------- -------- ------- ------ -------- VTBN 1 8.49 8.49 23.2 1 1.90 9 6.03 10.45 6.03 7.67 13.5 2 1.11 14 7.00 7.00 19.5 1 1.59 21 8.51 8.51 3.0 1 0.25 28 9.99 9.99 40.9 1 3.34 30 8.49 8.49 23.2 1 1.90 31 9.99 10.60 10.60 10.12 24.0 2 1.96 32 10.00 10.00 10.0 1 0.82 33 9.99 9.99 23.6 1 1.93 131 10.00 10.00 58.0 1 4.74 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 239.0 12 19.54 -------- ------- ----- ----- ------- -------- ------- ------ -------- VTBNb1 32 8.50 8.50 20.0 1 1.64 87 6.00 6.00 14.0 1 1.15 -------- ------- ----- ----- ------- -------- ------- ------ -------- Subtotal 34.0 2 2.78 -------- ------- ----- ----- ------- -------- ------- ------ -------- TOTAL 1,222.9 44 100.0 ----------------------------------------------------------------------------- Stake of stock exchange's turnover in total volume of repo deals of Kazakhstan secondary market in August was 94.9%, in July - 97.9%. [2003-09-02]