Repo at KASE - KZT10,655.7 m

/IRBIS, October 7, 03/ - Today, at Kazakhstan Stock Exchange (KASE) 92 deals were made at the repo floors (including automatic repo sector) amounting to KZT10,655.7 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 1.40 3.00 2.25 2.27 5,934.1 43 Open* 7 3.00 3.00 3.00 3.04 20.0 1 Open 14 4.75 5.00 4.79 4.90 470.0 4 Open* 28 5.00 5.00 5.00 5.12 370.0 5 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 6,794.1 53 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 1.50 3.80 2.42 2.46 2,032.1 22 Close 4 4.00 4.00 4.00 4.08 165.1 1 Close 7 4.00 5.00 4.07 4.15 278.5 2 Close 14 5.00 6.50 5.75 5.91 848.9 10 Close 28 4.50 5.05 4.87 4.99 537.0 4 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 3,861.6 39 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 10,655.7 92 ----------------------------------------------------------------------- By open trades method (in automatic repo sector) a volume of 83 deals has amounted to KZT9,357.0 m, including 47 (KZT6,124.0) repo opening deals and 36 (KZT3,233.0 m) repo closing deals. Indicator TONIA according to trades' results totaled 2.28% APR and has not changed relative to the previous trading 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 2.25 2.67 -0.42 7 3.00 5.48 -2.48 14 4.79 4.92 -0.13 28 5.00 8.00 -3.00 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: -689.4% (-KZT1,271.0), 6 participants. Second tier banks (STB): - +KZT6,304.0 (borrowing, 6 banks), -KZT4,539.1 m (lending, 8 banks); - in direct deals sector on GS -KZT270.1 mn , at open trade market (auto repo sector) +KZT2,035.0 m;. - resulting balance was +KZT1,764.9 on previous trading day it was equal to -KZT485.7 m). National Bank today increased its share of participation 23.9 times still working for borrowing money only. The National Bank's Counteragents on deals were STBs and their clients. Liquidity regulating instrument was repo "overnight". [2003-10-07]