Repo at KASE: day results

/IRBIS, Assel Omarova, October 5, 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 21,070.0 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 0.20 0.99 0.55 0.55 10,699.0 65 Open* 2 0.80 0.80 0.80 0.80 460.0 2 Open* 3 0.50 0.80 0.61 0.61 309.0 4 Open* 7 1.20 1.20 1.20 1.21 200.0 2 Open 9 1.35 1.35 1.35 1.36 100.0 1 Open 24 7.98 7.98 7.98 8.29 70.0 1 Open* 28 2.80 3.20 3.03 3.07 115.0 3 Open 31 4.00 4.00 4.00 4.07 329.1 2 Open 56 6.00 6.00 6.00 6.16 0.5 1 Open 62 5.00 5.00 5.00 5.11 38.0 2 Open 86 7.00 7.00 7.00 7.19 70.0 1 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 12,390.6 84 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 0.10 2.00 1.13 1.13 6,821.8 36 Close 7 1.50 2.50 2.26 2.28 1,200.5 7 Close 14 2.90 3.00 2.97 3.01 256.3 3 Close 28 1.80 2.20 2.14 2.16 340.6 5 Close 43 3.14 3.14 3.14 3.18 60.2 1 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 8,679.4 52 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 21,070.0 136 ----------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 119 deals totaled KZT 19,752.5 m including 72 (KZT 11,478.0 m) repo opening deals and 47 repo closing (KZT 8,274.5 m). Indicator TONIA according to trades' results totaled 0.55% APR and decreased by 0.60 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 0.55 1.13 -0.58 2 days 0.80 0.50 +0.30 3 days 0.61 0.50 +0.11 7 days 1.20 1.55 -0.35 24 days 7.98 3.50 +4.48 28 days 3.03 5.03 -2.00 ----------------------------------------------- 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: +40.9% (KZT -6,375.0 m), 6 participants. Second tier banks (STB): - KZT +11,111.0 m (borrowing, 10 banks), KZT -5,751.4 m (lending, 7 banks); - direct GS repo: KZT -40.0 m, at the open trade market of GS (auto repo sector) KZT +5,708.0 m; CS repo sector - KZT -308.4 m; - resulting balance was KZT +5,359.6 m (on previous day it was equal to KZT +2,849.8 m). National Bank slightly increased its participation stake solely working as borrower. Its counterparts on deals included pension market participants and commercial banks. Overnight repurchase agreement was used as liquidity regulation tool. [2004-10-05]