Repo at KASE - KZT18,700.8 m

/IRBIS, Ranida Gabdeyeva, May 21, 04/ - Today, at Kazakhstan Stock Exchange (KASE) 156 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT18,700.8 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 8.00 3.77 3.87 11,372.0 75 Open* 7 4.90 6.00 5.19 5.32 128.0 4 Open 10 5.99 5.99 5.99 6.16 12.0 1 Open 14 4.00 6.50 6.14 6.33 299.0 2 Open* 28 4.00 4.00 4.00 4.07 340.0 4 Open 31 6.95 6.95 6.95 7.18 151.4 1 Open 365 8.00 8.00 8.00 8.00 30.8 1 Open 549 8.00 8.00 8.00 8.00 174.0 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 12,507.2 89 --------- -------- ----- ----- ------- --------- -------- -------- Close 1 3.10 16.00 11.84 12.61 5,111.7 55 Close 2 10.49 10.49 10.49 11.06 100.1 1 Close 7 2.80 5.30 3.24 3.30 350.2 4 Close 14 3.00 3.40 3.36 3.42 217.3 2 Close 28 3.90 6.50 4.04 4.12 414.3 5 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 6,193.5 67 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 18,700.8 156 ------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 133 deals totaled KZT15,493.1 m., including 74 (KZT9,789.0 m.) repo opening deals and 59 (KZT5,704.1 m.) repo closing deals. Indicator TONIA according to trades' results totaled 3.94% APR and decreased by 8.46 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 5.19 5.55 -0.36 14 6.14 7.00 -0.86 28 4.00 6.95 -2.95 ------------------------------------------------ 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: -39.6%, (-KZT1,374.0 m.), 9 participants. Second tier banks (STB): - +KZT10,794.0 m. (borrowing, 8 banks), -KZT10,184.4 m. (lending, 6 banks); - in direct deals sector involving CS -KZT151.4 m, GS -KZT256.0 m, at open trade market on GS (auto repo sector) +KZT1,017.0 m; - resulting balance was +KZT609.6 m (on previous day it was equal to +KZT1,977.0 m). National Bank was borrowing only today. Its counteragents include STBs. Three-day repurchase agreement was used as liquidity regulation tool. [2004-05-21]