Investment attractiveness of financial instruments at KASE on February 12 - 18

/IRBIS, Assel Omarova, February 19, 04/ - Following is the table that allows to compare investment attractiveness of financial instruments - bonds and repo instruments, which were regularly traded or quoted at Kazakhstan stock exchange (KASE) in the period since February 12 till February 18. Trends are given relative to previous week. Instruments are given in descending order within the groups, based upon their attractiveness. ----------------------------------------- Yield, % APR Financial Currency of ------------ instrument transaction value trend --------------- ------------ ------ ----- Non-indexed instruments denominated in tenge ----------------------------------------- UKPFb1 KZT 14.00 0 MEIKAM KZT 15.83 - TXBNb2 KZT 11.00 0 TXBNb1 KZT 10.50 -2.00 YASYb1 KZT 10.00 0 VTSKb2 KZT 9.50 0 VTTHb1 KZT 9.50 0 BTAIb1 KZT 9.50 -0.70 VTZLb1 KZT 9.26 -0.24 ATFBb3 KZT 8.49 +1.49 UKTCb1 KZT 8.00 0 CS repo* KZT 7.65 +0.54 HSBKb3 KZT 7.60 -1.90 EUBNb1 KZT 7.00 0 ARNAb1 KZT 7.00 0 KKGBb3 KZT 6.50 0 MEOKAM KZT 5.74 +0.09 INCAb1 KZT 5.69 +0.13 МЕККАМ, notes* KZT 4.77 -0.22 GS repo* KZT 3.23 +1.20 ----------------------------------------- Instruments indexed on inflation ----------------------------------------- KZIKb3 KZT 8.50 -0.02 CCBNb3 KZT 8.40 -0.60 BTASb3 KZT 6.65 -0.63 KZIKb1 KZT 6.00 -2.02 KZIKb2 KZT 5.41 -1.96 ----------------------------------------- Instruments indexed on devaluation of tenge to US dollar ----------------------------------------- ORDBb1 USD 10.46 +0.17 ALKSb2 USD 10.43 +0.07 ASBNb1 USD 9.68 +1.66 NRBNb1 USD 9.30 +2.50 BTASb2 USD 9.27 +0.42 BTASb1 USD 8.76 -0.18 CSBNb1 USD 8.20 0 HSBKb USD 8.00 0 CCBNb1 USD 8.00 0 TEBNb2 USD 8.00 0 BRKZb1 USD 7.89 +1.89 LARIb1 USD 7.75 0 ATFBb2 USD 7.57 +0.28 TEBNb USD 7.42 +0.12 HSBKb2 USD 7.20 -0.30 KKGBb2 USD 7.00 0 ALBNb1 USD 7.00 0 NRBNb2 USD 6.52 +0.02 ART060.004 USD 6.50 -3.03 TMJLb2 USD 6.31 +0.10 VTBNb1 USD 6.29 -3.27 AST048.006 USD 6.27 -0.04 AST048.005 USD 6.09 -0.04 KZAPb1 USD 6.01 0 AST036.004 USD 5.95 -0.06 ASU036.003 USD 5.81 +0.12 ARU060.003 USD 5.59 -2.65 VKU036.002 USD 5.50 0 VKU036.001 USD 5.00 -0.89 ----------------------------------------- Instruments denominated on devaluation of Instruments denominated on devaluation of tenge to US dollar with protection from strengthening of tenge against dollar ----------------------------------------- RGBRb3 USD 10.53 +0.03 ASFIb3 USD 8.80 +0.80 CSBNb3 USD 8.70 +0.60 ASBNb2 USD 8.50 0 CSBNb2 USD 8.50 -1.09 TEBNb3 USD 8.50 0 KARMb2 USD 8.00 -0.45 CCBNb2 USD 8.00 0 KZTCb1 USD 8.00 0 ASFIb2 USD 6.50 0 KZPSb1 USD 5.75 -0.02 --------------- ------------ ------ ----- Non-indexed instruments denominated in foreign currency ----------------------------------------- KKGBe4 USD 7.50 +0.07 KKGBe2 USD 7.43 0 BTASe3 USD 6.88 +0.07 BRKZe2 USD 6.44 -0.13 BTASe2 USD 5.92 -0.03 KKGBe3 USD 5.03 -0.04 KZTOe1 USD 4.71 -0.02 BRKZe1 USD 4.30 +0.14 BTASe1 USD 4.10 +0.56 ENU07.05 USD 3.84 -0.01 IFO bonds USD 2.70 -0.01 ENU04.10 USD 2.45 -0.07 IFO bonds EUR 2.11 -0.06 ----------------------------------------- Yields of bonds at which deals were made are calculated as average of the deals. Yields of other bonds are calculated as average of sale quotations. On bonds with floating coupon forecasted yield is given. Devaluation of tenge relative to dollar at weighted average rate of the main session at KASE during the analyzing period is estimated as negative 7.0% APR. The yields shown here do not incorporate overhead expenses that are inevitable when conducting operations and fixing profits. Securities marked by an asterisk are the instruments with less than a year circulation term. Weighted average effective yields are given for them. [2004-02-19]