Repo at KASE: day results

/IRBIS, Natalya Kuznetsova, September 29, 04/ - Today at Kazakhstan Stock Exchange (KASE) 120 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT 17,147.3 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 0.05 1.60 1.38 1.39 7,182.50 33 Open* 2 1.50 1.50 1.50 1.51 340.00 3 Open* 5 1.60 1.60 1.60 1.61 200.00 1 Open* 7 1.50 2.50 1.94 1.96 359.00 4 Open* 14 1.20 2.50 1.49 1.50 477.00 3 Open 28 10.00 10.00 10.00 10.47 40.00 1 Open 29 8.00 9.06 8.67 9.02 69.99 3 Open 30 7.98 9.98 8.39 8.73 9.72 2 Open 91 11.49 11.49 11.49 12.00 100.00 1 Open 100 13.14 13.14 13.14 13.72 3.90 1 --------- -------- ----- ----- ------- --------- --------- -------- Subtotal: 8,782.12 52 --------- -------- ----- ----- ------- --------- --------- -------- Close 1 0.80 1.90 1.48 1.49 6,888.28 43 Close 7 2.50 3.00 2.68 2.72 654.34 7 Close 14 2.80 2.85 2.81 2.85 150.16 4 Close 16 6.84 6.99 6.91 7.14 37.11 2 Close 28 2.00 10.00 4.86 5.03 461.71 7 Close 29 8.00 13.02 11.21 11.82 173.53 5 --------- -------- ----- ----- ------- --------- --------- -------- Subtotal: 8,365.13 68 --------- -------- ----- ----- ------- --------- --------- -------- TOTAL: 17,147.25 120 -------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 98 deals totaled KZT 16,258.3 m including 42 (KZT 8,455.0 m) repo opening deals and 56 repo closing (KZT 7,803.3 m). Indicator TONIA according to trades' results totaled 1.39% APR and decreased by 0.10 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 1.38 1.48 -0.10 2 days 1.50 1.83 -0.33 7 days 1.94 2.33 -0.39 14 days 1.49 3.87 -2.38 ----------------------------------------------- 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: +65.7% (KZT -3,289.0 m), 7 participants. Second tier banks (STB): - KZT +7,642.5 m (borrowing, 9 banks), KZT -5,079.5 m (lending, 5 banks); - in direct GS repo sector - net position of banks was zero (gross - KZT 199.0 m), at the open trade market of GS (auto repo sector) KZT +2,567.0 m; - resulting balance was KZT +2,563.0 m (on previous day it was equal to KZT +855.0 m). National Bank unchanged its participation stake solely working as borrower. Its counterparts on deals included commercial banks and their clients. Overnight repurchase agreement was used as liquidity regulation tool. [2004-09-29]