Repo at KASE: day results

/IRBIS, Elena Korpusenko, September 9, 04/ - Today at Kazakhstan Stock Exchange (KASE) 115 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT 20,969.3 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 0.60 3.00 1.57 1.58 9,494.0 50 Open 5 1.00 1.00 1.00 1.01 18.2 1 Open* 7 1.50 1.90 1.80 1.81 359.0 2 Open* 14 1.00 9.00 1.45 1.48 425.0 3 Open* 28 2.90 2.90 2.90 2.94 144.0 3 Open 32 15.00 15.01 15.01 16.07 57.2 3 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 10,497.4 62 --------- -------- ----- ----- ------- --------- -------- -------- Close 1 1.00 4.00 1.74 1.76 8,788.4 53 Close 3 0.50 0.50 0.50 0.50 1.0 1 Close 7 1.40 2.00 1.63 1.65 600.2 3 Close 9 1.77 1.77 1.77 1.79 100.0 1 Close 13 1.71 1.71 1.71 1.72 105.1 2 Close 14 2.00 9.00 2.44 2.48 160.2 2 Close 28 1.60 2.00 1.79 1.80 666.9 5 Close 35 2.99 2.99 2.99 3.03 50.1 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 10,471.9 68 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 20,969.3 130 ------------------------------------------------------------------ By open trades method (in automatic repo sector) volume of 118 deals totaled KZT 19,792.7 m including 55 (KZT 9,626.0 m) repo opening deals and 63 repo closing (KZT 10,166.7 m). Indicator TONIA according to trades' results totaled 1.65% APR and decreased by 0.03 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 ------------- ----------- ------------ ----- 1 day 1.57 1.68 -0.11 7 days 1.80 1.50 +0.30 14 days 1.45 8.00 -6.55 28 days 2.90 5.64 -2.74 -------------------------------------------- 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: -9.7% (KZT -1,704.0 m), 7 participants. Second tier banks (STB): - KZT +8,229.0 m (borrowing, 6 banks), KZT -8,164.4 m (lending, 7 banks); - GS direct repo sector KZT -779.4 m; at the open trade market of GS (auto repo sector) KZT +844.0 m; - resulting balance was KZT +64.6 m (on previous day it was equal to KZT +2,816.0 m). National Bank today insignificantly decreased its participation stake at the market still working as a borrower. Its counterparts on deals were commercial banks and pension market participants. Repo "overnight" was used as liquidity regulation tool. [2004-09-09]