Repo at KASE: day results

/IRBIS, Natalya Khoroshevskaya, September 10, 04/ - Today at Kazakhstan Stock Exchange (KASE) 136 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT 23,680.1 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 weighted average Volume Repo terms, ------------------ KZT Number Deal Days min max nominal effective m of deals --------- -------- ----- ----- ------- --------- -------- -------- Open* 3 0.20 3.21 0.88 0.88 12,020.8 47 Open 7 1.00 1.50 1.28 1.29 158.0 2 Open 14 1.50 3.00 1.85 1.87 182.2 7 Open 20 3.49 3.49 3.49 3.55 1.2 1 Open 28 1.90 7.50 3.61 3.69 843.0 10 Open 31 5.00 9.50 7.99 8.31 41.0 5 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 13,246.2 72 --------- -------- ----- ----- ------- --------- -------- -------- Close 1 0.60 3.00 1.57 1.58 9,494.4 50 Close 2 1.50 1.50 1.50 1.51 59.0 1 Close 7 0.60 1.20 1.03 1.04 181.0 2 Close 14 1.93 3.51 2.10 2.13 151.4 3 Close 28 2.00 7.50 6.54 6.76 285.4 2 Close 30 8.00 8.00 8.00 8.30 7.0 1 Close 38 6.00 6.01 6.01 6.17 193.7 2 Close 63 9.01 9.01 9.01 9.34 17.2 1 Close 92 2.50 2.50 2.50 2.52 13.1 1 Close 128 14.00 14.00 14.00 14.49 31.5 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 10,433.8 64 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 23,680.1 136 ------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 111 deals totaled KZT 21,176.6 m including 59 (KZT 12,187.0 m) repo opening deals and 52 repo closing (KZT 8,989.6 m). Indicator TONIA according to trades' results totaled 0.80% APR and decreased by 0.85 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 1.28 1.80 -0.52 14 days 1.85 1.45 +0.40 28 days 3.61 2.90 +0.71 ----------------------------------------------- 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: +20.2% (KZT -2,048.0 m), 7 participants. Second tier banks (STB): - KZT +10,868.0 m (borrowing, 8 banks), KZT -10,486.1 m (lending, 8 banks); - GS direct repo sector KZT -714.8 m; at the open trade market of GS (auto repo sector) KZT +1,102.0 m; CS repo sector - KZT -5.3 m; - resulting balance was KZT +381.9 m (on previous day it was equal to KZT +64.6 m). National Bank today increased its participation stake at the market twice still working as a borrower. Its counterparts on deals were commercial banks and pension market participants. Three days repo was used as liquidity regulation tool. [2004-09-10]