Repo at KASE - KZT19,695.2 m

/IRBIS, Assel Omarova, January 28, 04/ - Today, at Kazakhstan Stock Exchange (KASE) 122 deals were made at the repo floors (including automatic repo sector) amounting to KZT19,695.2 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 0.50 3.00 2.23 2.26 8,396.0 52 Open* 5 2.50 9.01 2.74 2.79 2,372.6 6 Open* 364 6.02 6.02 6.02 6.02 32.3 1 Open* 365 7.98 7.98 7.98 7.98 1.3 1 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 10,802.2 60 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 1.50 3.00 2.46 2.49 7,988.9 49 Close 7 3.00 3.40 3.23 3.28 147.1 5 Close 14 4.00 5.00 4.41 4.50 676.1 6 Close 46 8.99 8.99 8.99 9.35 50.8 1 Close 47 9.01 9.01 9.01 9.36 30.0 1 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 8,893.0 62 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 19,695.2 122 ----------------------------------------------------------------------- By open trades method (in automatic repo sector) a volume of 110 deals have amounted to KZT19,069.4 m, including 55 (KZT10,620.0 m.) repo opening deals and 55 (KZT8,449.5 m) repo closing deals. Indicator TONIA according to trades' results totaled 2.23% APR and has decreased by 0.24 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 2.23 2.45 -0.22 365 7.98 5.94 +2.04 ------------------------------------------------ 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: +51.6% (-KZT4,284.0 m), 5 participants. Second tier banks (STB): - +KZT10,140.0 m (borrowing, 7 banks), -KZT6,119.0 m (lending, 11 banks); - in repo sector of direct deals on GS+KZT66.0, at open trade market (auto repo sector) +KZT3,955.0 m; - resulting balance was +KZT4,021.0 m (on previous trading day it was equal to +KZT2,593.5 m). National Bank has not changed its share of participation, working exclusively for borrowing money. Its counteragents on deals included banks. Repurchase agreements "overnight" were used as a liquidity regulation tool. [2004-01-28]