Repo at KASE - KZT 26,203.1 m

/IRBIS, Natalya Khoroshevskaya, June 28, 04/ - On June 28 at Kazakhstan Stock Exchange (KASE) 162 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT 26,203.1 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 --------------------------- Volume Repo terms, KZT weighted average KZT Number Deal days min max nominal Effective m of deals --------- -------- ---- ---- ------- --------- -------- -------- Open 1 0.80 5.30 2.57 2.60 14,938.2 80 Open* 7 3.30 5.50 4.10 4.19 178.0 3 Open 14 3.50 3.50 3.50 3.56 135.0 2 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 15,251.2 85 --------- -------- ---- ---- ------- --------- -------- -------- Close 3 0.50 3.00 1.74 1.76 9,347.3 61 Close 4 2.20 3.00 2.64 2.68 1,002.3 9 Close 5 3.00 3.00 3.00 3.04 147.1 2 Close 7 4.50 5.40 4.65 4.76 120.1 2 Close 28 7.50 7.50 7.50 7.77 181.0 1 Close 31 8.50 8.50 8.50 8.84 58.4 1 Close 32 5.50 5.50 5.50 5.64 95.7 1 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 10,951.9 77 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 26,203.1 162 ---------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 149 deals totaled KZT 25,240.7 m., including 78 (KZT 14,844.0 m) repo opening deals and 71 repo closing (KZT 10,396.7 m). Indicator TONIA according to trades' results totaled 2.54% APR and increased by 0.79 relative to previous day. Dynamics of repo rates (repo opening, comparable terms) is bets described by following indicators: -------------------------------------------- Term calendar Today Previous day days. rate, % APR rate, % APR Trend ------------- ----------- ------------ ----- 7 days 4.10 3.05 +1.05 14 days 3.50 3.20 +0.30 -------------------------------------------- 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: +75.2% (KZT -5,339.0 m), 9 participants. Second tier banks (STB): - KZT +14,368.2 m. (borrowing, 10 banks), KZT -9,019.0 m. (lending, 7 banks); - GS direct repo deals - KZT +125.2 m. at open trade market on GS (auto repo sector) KZT +5,224.0 m; - resulting balance was KZT +5,349.2 m. (on previous day it was equal to KZT +2,826.0 m). National Bank did not change a share of its presence at repo market, solely borrowing as usual. Its counterparts on deals included pension market players, banks and banks' clients. Overnight repurchase agreement was used as liquidity regulation tool. [2004-06-28]