Repo at KASE - KZT29,924. m

/IRBIS, Yelena Korpusenko, June 3, 04/ - Today, at Kazakhstan Stock Exchange (KASE) 131 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT29,924.4 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 ----------------- KZT Number Deal days min max nominal Effective m of deals --------- -------- ---- ---- ------- --------- -------- -------- Open 1 0.30 2.00 1.03 1.04 12,672.4 52 Open* 7 2.00 2.00 2.00 2.02 300.0 2 Open 14 2.50 3.00 2.51 2.54 147.0 2 Open 28 2.00 3.50 3.38 3.43 761.0 3 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 13,880.4 59 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 0.30 3.00 1.40 1.41 13,743.9 49 Close 7 3.00 3.50 3.28 3.34 1,389.5 13 Close 14 7.00 7.00 7.00 7.24 92.2 2 Close 28 3.60 9.00 4.63 4.75 675.4 5 Close 85 5.10 5.10 5.10 5.20 143.3 3 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 16,044.3 72 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 29,924.7 131 ---------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 105 deals totaled KZT19,188.4 m., including 52 (KZT9,142.7 m) repo opening deals and 53 (KZT10,045.7 m). Indicator TONIA according to trades' results totaled 1.06% APR and decrease by 0.59 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 1.03 1.40 -0.37 7 2.00 2.07 -0.07 14 2.51 4.61 -2.10 28 3.38 4.41 -1.03 ------------------------------------------------ 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: -14.6% (-KZT3,466.0 m), 7 participants. Second tier banks (STB): - +KZT9,242.0 m. (borrowing, 8 banks), -KZT9,197.8 m. (lending, 8 banks); - in direct deals sector involving GS -4,582.0, at open trade market on GS (auto repo sector) +KZT4,537.8 m; - resulting balance was +KZT44.2 m. (on previous day it was equal to -KZT672.7 m). National Bank left its stake of presence at repo market unchanged, solely borrowing today as usual. Its counterparts on deals included pension market players banks. Overnight repurchase agreement was used as liquidity regulation tool. [2004-06-03]