Repo at KASE - KZT28,175.3 m

/IRBIS, Natalya Khoroshevskaya, May 24, 04/ - Today, at Kazakhstan Stock Exchange (KASE) 199 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT28,175.3 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 2.30 8.00 3.19 3.25 10,857.3 57 Open* 3 3.00 3.50 3.40 3.46 1,455.0 9 Open* 7 7.75 7.75 7.75 8.05 60.0 1 Open* 14 3.20 6.00 4.51 4.62 1,130.0 13 Open 16 6.00 6.00 6.00 6.18 274.6 1 Open* 28 3.50 8.43 5.71 5.89 479.0 5 Open 31 6.00 13.00 6.05 6.22 387.5 4 Open 184 8.00 8.00 8.00 8.00 7.1 1 Open 365 8.00 8.00 8.00 8.00 156.7 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 14,807.2 92 --------- -------- ----- ----- ------- --------- -------- -------- Close 3 0.30 8.00 3.77 3.87 11,375.5 75 Close 4 5.00 13.00 8.39 8.77 787.7 20 Close 5 4.00 7.44 4.29 4.39 315.2 4 Close 6 4.46 4.46 4.46 4.56 79.5 1 Close 7 3.00 4.00 3.75 3.82 400.3 3 Close 12 7.98 7.98 7.98 8.30 206.5 2 Close 28 8.50 8.50 8.50 8.84 201.3 1 Close 31 13.00 13.00 13.00 13.80 2.0 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 13,368.1 107 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 28,175.3 199 ------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 169 deals totaled KZT23,738.9 m., including 78 (KZT21,881.0 m.) repo opening deals and 91 (KZT10,857.9 m.) repo closing deals. Indicator TONIA according to trades' results totaled 3.19% APR and decreased by 0.27 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 7.75 5.19 +2.56 14 4.51 6.14 -1.63 28 5.71 4.00 +1.71 ------------------------------------------------ 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: +119.4%, (-KZT3,014.0 m.), 9 participants. Second tier banks (STB): - +KZT13,277.3 m. (borrowing, 8 banks), -KZT10,330.6 m. (lending, 11 banks); - in direct deals sector involving GS -KZT117.3 m, at open trade market on GS (auto repo sector) +KZT3,064.0 m; - resulting balance was +KZT2,946.7 m (on previous day it was equal to +KZT609.6 m). National Bank left its stake of presence at repo market unchanged and was solely borrowing. Its counteragents included STBs. Overnight repurchase agreement was used as liquidity regulation tool. [2004-05-24]