Repo at KASE - KZT17,473.9 m

/IRBIS, Natalya Khoroshevskaya, March 15, 04/ - Today, at Kazakhstan Stock Exchange (KASE) 122 deals were made at the repo floors (including automatic repo sector) amounting to KZT17,473.9 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 0.90 1.99 1.43 1.44 6,758.0 48 Open* 8 3.00 3.00 3.00 3.04 200.0 3 Open* 28 4.00 4.00 4.00 4.07 200.0 2 Open 92 5.50 5.50 5.50 5.60 45.0 1 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 7,203.0 54 --------- -------- ---- ---- ------- --------- -------- -------- Close 3 0.40 3.56 1.18 1.18 9,535.8 57 Close 4 3.04 3.04 3.04 3.09 3.6 1 Close 5 0.94 0.94 0.94 0.94 200.0 4 Close 6 1.01 1.01 1.01 1.02 143.6 1 Close 14 4.10 4.20 4.15 4.24 184.3 2 Close 28 4.50 4.50 4.50 4.59 167.6 3 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 10,234.9 68 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 17,437.9 122 ---------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 111 deals has amounted to KZT16,618.8 m., including 51 (KZT6,838.0 m.) repo opening deals and 60 (KZT9,780.8 m.) repo closing deals. Indicator TONIA according to trades' results totaled 1.45% APR and has increased by 0.29 relative to previous 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 ------------ ----------- -------------- ----- 28 5.50 7.17 -1.67 ------------------------------------------------ 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 subjects: +38.8%, (-KZT2,502.0 m.) 7 participants. Second tier banks (STB): - +KZT6,996.0 m. (borrowing, 8 banks), -KZT4,056.0 m. (lending, 8 banks); - in direct deals sector in GS +KZT275.0 m., at open trade market (auto repo sector) +KZT2,665.0 m.; - resulting balance was +KZT2,940.0 m. (on previous day it was equal to +KZT2,349.0 m.). National Bank today lowered the share of its presence at repo market by 29.6%, yet working for money borrowing. Today counteragents of the National Bank were pension system entities and STBs. Overnight repurchase agreement was used as liquidity regulation tool. [2004-03-15]