Repo at KASE - KZT15,292.8 m

/IRBIS, Assel Omarova, January 7, 03/ - Today, at Kazakhstan Stock Exchange (KASE) 88 deals were made at the repo floors (including automatic repo sector) amounting to KZT15,292.8 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 0.30 2.69 1.16 1.16 6,143.0 27 Open* 7 3.00 3.00 3.00 3.04 85.0 1 Open* 14 3.50 3.60 3.56 3.62 547.0 11 Open 23 8.01 8.98 8.46 8.80 324.6 3 Open 28 4.30 4.50 4.30 4.39 291.0 2 Open* 30 8.00 8.00 8.00 8.30 10.0 1 Open 33 8.00 8.00 8.00 8.30 25.8 1 Open 366 11.97 11.97 11.97 11.97 57.0 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 7,483.4 47 --------- -------- ----- ----- ------- --------- -------- -------- Close 1 0.15 1.00 0.61 0.61 5,237.0 26 Close 7 3.00 7.00 3.04 3.09 1,010.6 2 Close 8 8.00 9.00 8.50 8.86 400.7 2 Close 28 4.50 8.00 5.10 5.22 1,008.9 10 Close 198 7.97 7.97 7.97 7.97 152.1 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 7,809.4 41 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 15,292.8 88 ------------------------------------------------------------------ By open trades method (in automatic repo sector) a volume of 73 deal has amounted to KZT13,711.3 m, including 39 (KZT7,004.0 m.) repo opening deals and 34 (KZT6,707.3 m) repo closing deals. Indicator TONIA according to trades' results totaled 1.16% APR and has increased by 0.53 points 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 1.16 0.61 +0.55 14 3.56 3.14 +0.42 23 8.46 9.97 -1.51 28 4.30 4.05 +0.25 ------------------------------------------------ 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: - 35.9% (-KZT944.0 m), 7 participants. Second tier banks (STB): - +KZT6,529.0 m (borrowing, 5 banks), -KZT5,933.0 m (lending, 7 banks); - in repo sector of direct deals on GS +KZT62.0 m, at open trade market (auto repo sector) +KZT534.0 m; - resulting balance was +KZT596.0 m (on previous trading day it was equal to +KZT1,494.0 m). National Bank today changed its position by 37.0%, still working for borrowing money only. Its counteragents on deals included subjects of pension market, STBs. Repo "overnight" was used as a liquidity regulation tool. [2004-01-07]