Repo at KASE - KZT18,649.6 m

/IRBIS, Natalya Khoroshevskaya, January 27, 04/ - Today, at Kazakhstan Stock Exchange (KASE) 148 deals were made at the repo floors (including automatic repo sector) amounting to KZT18,649.6 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 1.50 3.00 2.45 2.48 8,137.0 50 Open* 7 3.50 3.60 3.54 3.60 229.0 6 Open* 14 3.90 3.90 3.90 3.97 120.0 2 Open 28 6.50 6.50 6.50 6.70 98.0 2 Open 365 5.94 5.94 5.94 5.94 58.6 1 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 8,642.6 61 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 0.80 5.20 2.53 2.56 8,785.3 68 Close 4 2.50 2.50 2.50 2.53 300.1 1 Close 7 4.00 7.50 5.23 5.37 246.2 8 Close 14 3.00 4.00 3.33 3.38 374.5 7 Close 28 4.00 4.00 4.00 4.07 300.9 3 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 10,007.0 87 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 18,649.6 148 ---------------------------------------------------------------- By open trades method (in automatic repo sector) a volume of 131 deals have amounted to KZT16,757.0 m, including 53 (KZT8,125.0 m.) repo opening deals and 78 (KZT8,632.0 m) repo closing deals. Indicator TONIA according to trades' results totaled 2.47% APR and has decreased by 0.11 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 2.45 2.53 -0.08 7 3.54 3.55 -0.01 14 3.90 4.84 -0.94 28 6.50 4.50 -2.00 ------------------------------------------------ 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: +36.3% (-KZT2,826.0 m), 6 participants. Second tier banks (STB): - +KZT5,679.1 m (borrowing, 7 banks), -KZT5,085.6 m (lending, 7 banks); - in repo sector of direct deals on GS+KZT172.4, at open trade market (auto repo sector) +KZT2,421.0 m; - resulting balance was +KZT2,593.5 m (on previous trading day it was equal to +KZT1,842.8 m). National Bank has not changed its share of participation, working exclusively for borrowing money. Its counteragents on deals included pension system entities, banks and their clients. Repurchase agreements "overnight" were used as a liquidity regulation tool. [2004-01-27]