Repo at KASE - KZT17,630.8 m

/IRBIS, Ranida Gabdeyeva, March 26, 04/ - Today, at Kazakhstan Stock Exchange (KASE) 107 deals was made at the repo floors (including automatic repo sector) amounting to KZT17,630.8 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 3 0.30 3.00 1.75 1.78 7,609.7 35 Open* 7 3.00 3.00 3.00 3.04 100.0 2 Open* 14 3.20 5.70 3.37 3.43 175.0 3 Open* 28 3.60 8.10 5.06 5.20 222.0 3 Open 365 8.02 8.27 8.15 8.15 1,000.0 2 Open 731 9.00 9.00 9.00 9.00 457.5 4 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 9,564.2 49 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 0.61 4.42 1.73 1.75 7,317.3 44 Close 2 2.50 2.50 2.50 2.53 60.0 2 Close 7 3.30 4.00 3.39 3.45 115.1 5 Close 14 3.40 3.40 3.40 3.46 148.2 3 Close 15 3.25 3.25 3.25 3.30 100.1 1 Close 28 3.70 3.70 3.70 3.76 325.9 3 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 8,066.6 58 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 17,630.8 107 ---------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 90 deals has amounted to KZT15,437.6 m., including 37 (KZT7,675.0 m.) repo opening deals and 53 (KZT7,762.5 m.) repo closing deals. Indicator TONIA according to trades' results totaled 1.81% APR and has increased by 0.11 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 ------------ ----------- -------------- ----- 7 3.00 3.38 -0.38 14 3.37 3.50 -0.13 28 5.06 4.06 +1.00 ------------------------------------------------ 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 system entities: +42.5%, (-KZT1,347.0 m.) 5 participants. Second tier banks (STB): - +KZT7,412.7 m. (borrowing, 6 banks), -KZT6,499.7 m. (lending, 6 banks); - in direct deals sector involving GS net position was zero (gross - 699.4), at open trade market (auto repo sector) +KZT913.0 m.; - resulting balance was +KZT913.0 m. (on previous day it was equal to +KZT935.2 m.). National Bank today enhanced its presence at repo market insignificantly, borrowing money as usual. Counteragents of the National Bank included STBs. Three-day repurchase agreement was used as a liquidity regulation tool. [2004-03-26]