Repo at KASE - KZT23,530.9 m

/IRBIS, Ranida Gabdeyeva, May 25, 04/ - Today, at Kazakhstan Stock Exchange (KASE) 151 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT23,530.9 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 0.50 10.04 2.81 2.86 9,909.5 63 Open 3 7.92 7.92 7.92 8.24 172.0 3 Open* 7 3.50 3.50 3.50 3.56 200.0 1 Open* 14 3.50 5.75 3.78 3.85 685.0 6 Open* 28 3.65 5.00 3.70 3.76 233.0 3 Open 31 2.99 8.00 3.90 3.98 128.0 2 Open 365 11.00 11.00 11.00 11.00 250.0 2 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 11,577.5 80 --------- -------- ----- ----- ------- --------- -------- -------- Close 1 2.30 8.00 3.22 3.28 10,358.2 56 Close 7 3.60 3.60 3.60 3.66 200.1 3 Close 14 3.60 6.00 3.95 4.03 980.5 6 Close 18 2.98 2.98 2.98 3.02 105.2 1 Close 20 3.75 3.75 3.75 3.82 55.3 1 Close 28 3.80 3.80 3.80 3.87 200.6 2 Close 32 8.00 8.00 8.00 8.30 23.2 1 Close 39 10.00 10.00 10.00 10.46 30.3 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 11,953.4 71 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 23,530.9 151 ------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 130 deals totaled KZT32,509.5 m., including 68 (KZT10,487.0 m.) repo opening deals and 62 (KZT11,022.5 m.) repo closing deals. Indicator TONIA according to trades' results totaled 2.57% APR and decreased by 0.62 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 ------------ ----------- -------------- ----- 1 2.81 3.19 -0.38 3 7.92 3.40 +4.52 7 3.50 7.75 -4.25 14 3.78 4.51 -0.73 28 3.70 5.71 -2.01 31 3.90 6.05 -2.15 365 11.00 8.00 +3.00 ------------------------------------------------ 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: -32.0%, (-KZT2,051.0 m.), 5 participants. Second tier banks (STB): - +KZT10,025.0 m. (borrowing, 8 banks), -KZT8,478.5 m. (lending, 8 banks); - in direct deals sector involving CS - 330.4, at open trade market on GS (auto repo sector) +KZT1,877.0 m; - resulting balance was +KZT1,546.6 m (on previous day it was equal to +KZT2,946.7 m). National Bank enhanced its presence at repo market insignificantly, solely borrowing today as usual. Its counterparts on deals included STBs. Overnight repurchase agreement was used as liquidity regulation tool. [2004-05-25]