Volume of trading in government securities in March totaled 515.2 bn tenge ($1.1 bn)
/KASE, April 18, 2024/ – Kazakhstan Stock Exchange (KASE) presents the results of trading in government securities for March 2024.
On the primary market in March, 108 transactions were concluded for a total amount of 422.1 bn tenge ($936.5 mln):
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Trading Trading Demand Average
Offering date volume, volume, to weight. Maturity, years
Trade code ISIN bn KZT USD mln supply yield, %
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05.03.2024 MKM012_0156 KZK100000316 31.8 70.1 x5.9 11.90 0.9
MUM132_0007 KZKD00001152 32.2 71.0 183.3 % 12.00 8.4
MUM192_0003 KZKD00000626 8.8 19.3 144.1 % 11.41 4.5
MUM072_0015 KZKD00001251 32.4 71.5 78.10 % 12.00 6.0
12.03.2024 MOM048_0052 KZK200000687 25.5 56.8 x5.9 11.51 19
MUM156_0007 KZKD00001103 24.2 54.0 158.0 % 12.15 9.9
MUM072_0015 KZKD00001251 26.6 59.3 184.4 % 11.97 6.0
MUM168_0005 KZKD00001111 18.7 41.7 127.8 % 12.15 11.0
19.03.2024 MKM012_0156 KZK100000316 27.4 61.1 x5.1 11.75 0.8
MUM120_0017 KZKD00000899 24.8 55.3 132.1 % 11.44 3.0
MUM120_0019 KZKD00001129 41.0 91.3 141.2 % 11.94 7.0
MUM180_0016 KZKD00001194 18.9 42.2 178.2 % 12.15 12.9
26.03.2024 MUM084_0019 KZKD00001244 31.5 69.7 97.8 % 12.00 6.9
MUM108_0012 KZKD00000915 27.0 59.8 x2.1 11.40 2.3
MUM156_0007 KZKD00001103 27.4 60.8 175.3 % 12.15 9.9
MUM168_0005 KZKD00001111 23.7 52.6 160.3 % 12.15 10.9
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TOTAL 422.1 936.5
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In terms of the main categories of investors in the primary market, banks accounted for 37.1 %, other institutional investors – for 61.6 %, other legal entities – for 1.3 %. Non-residents did not participate in the primary government securities market.
On the secondary market in February, 115 transactions were concluded for a total amount of 93.1 bn tenge ($206.9 mln):
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Trading Trading Number of Yield
volume, volume, transactions, on the last
Trade code ISIN Currency bn KZT USD mln pcs. trade, %
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GS of the Republic of Kazakhstan
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NTK028_2847 KZW100014130 KZT 65.2 144.8 23 13.18
MKM009_0019 KZK100000324 KZT 9.3 20.7 5 12.70
MUM120_0016 KZKD00000865 KZT 6.1 13.6 3 12.15
MUM084_0018 KZKD00001137 KZT 4.2 9.3 2 11.68
MUM156_0007 KZKD00001103 KZT 3.1 7.0 2 12.15
MOM024_0087 KZK200000745 KZT 2.1 4.7 2 12.10
MUM180_0001 KZKD00000105 KZT 1.0 2.2 2 13.30
MKM012_0156 KZK100000316 KZT 0.9 2.0 2 12.20
MKM012_0155 KZK100000308 KZT 0.5 1.1 1 14.80
MUM156_0006 KZKD00000964 KZT <0.1 0.1 5 11.50
MUM156_0005 KZKD00000758 KZT <0.1 <0.1 1 12.10
MUM120_0019 KZKD00001129 KZT <0.1 <0.1 4 11.50
MOM060_0054 KZK200000737 KZT <0.1 <0.1 2 11.50
MUM096_0011 KZKD00001095 KZT <0.1 <0.1 3 12.73
MUM132_0007 KZKD00001152 KZT <0.1 <0.1 4 12.30
MUM072_0014 KZKD00001210 KZT <0.1 <0.1 4 11.60
MUM096_0013 KZKD00001202 KZT <0.1 <0.1 4 11.00
MUM120_0017 KZKD00000899 KZT <0.1 <0.1 3 11.10
MOM048_0052 KZK200000687 KZT <0.1 <0.1 1 12.40
----------- ------------ -------- -------- -------- -------------- ------------
TOTAL 92.4 205.4 73
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GS of foreign issuers
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TR_01_2408 US900123CV04 USD 0.4 1.0 5 10.55
TR_02_2904 US900123CT57 USD 0.1 0.3 9 7.62
US_45_2501 US91282CGG06 USD 0.1 0.1 14 4.95
AT_01_2006 AT0000A2HLC4 EUR <0.1 0.1 6 2.50
US106_2812 US91282CDP32 USD <0.1 <0.1 2 4.25
US_86_2512 US91282CGA36 USD <0.1 <0.1 3 4.62
US105_2612 US912828YX25 USD <0.1 <0.1 2 4.30
US107_3102 US91282CBL46 USD <0.1 <0.1 1 4.00
----------- ------------ -------- -------- -------- -------------- ------------
TOTAL 0.7 1.5 42
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In terms of the main categories of investors in the secondary market, banks accounted for 53.3 %, broker-dealer organizations – for 0.5 %, other institutional investors – for 5.5 %, and other legal entities – for 40.3 %, individuals – for 0.4 %. Non-resident participation is estimated at 2.3 %.
Based on results of March, the indices of GS yields moved down across all maturities, with the strongest decline occurring in the section up to a year (-56 b.p.).
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Change
Value during month,
as of 29.03.24 tenge/ b.p.
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"Clean" price indices, tenge
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KZGB_CPs with maturity of up to 1 year 1,142.74 +5.36
KZGB_CPm with maturity from 1 year to 5 years 1,001.95 +5.67
KZGB_CPl with maturity of more than 5 years 920.39 +2.98
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"Dirty" price indices, tenge
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KZGB_DPs with maturity of up to 1 year 1,220.86 +15.15
KZGB_DPm with maturity from 1 year to 5 years 1,179.55 -1.64
KZGB_DPl with maturity of more than 5 years 1,076.52 +3.68
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Yield indices, %
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KZGB_Ys with maturity of up to 1 year 12.59 -56.00
KZGB_Ym with maturity from 1 year to 5 years 11.47 -19.00
KZGB_Yl with maturity of more than 5 years 12.03 -9.00
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As of April 1, 2024, in the "Government Securities" sector of KASE there are 120 bond issues of the Ministry of Finance of the Republic of Kazakhstan: 108 issues of MEKAM and 12 issues of Eurobonds, one issue of NBRK notes, 143 issues of bonds of local executive bodies and 83 issues of bonds of foreign states.
[2024-04-18]