Repo at KASE: day results

/IRBIS, Elena Korpusenko, October 7, 04/ - Today at Kazakhstan Stock Exchange (KASE) 175 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT 39,251.0 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 0.50 6.00 1.07 1.08 14,078.0 69 Open* 4 0.50 6.00 2.62 2.69 454.0 3 Open* 7 1.00 5.21 1.17 1.18 4,616.7 12 Open* 8 4.00 4.00 4.00 4.08 122.8 1 Open* 14 2.00 2.00 2.00 2.02 500.0 2 Open* 28 2.70 3.00 2.81 2.84 1,353.0 11 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 21,124.5 98 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 0.20 2.00 1.08 1.09 12,946.4 47 Close 2 0.40 0.80 0.68 0.68 660.0 3 Close 3 0.50 0.50 0.50 0.50 1,200.1 4 Close 7 1.00 6.92 2.01 2.04 2,261.2 13 Close 14 1.00 8.10 1.80 1.82 805.6 5 Close 28 2.90 2.90 2.90 2.94 144.3 3 Close 90 6.00 6.00 6.00 6.14 30.4 1 Close 160 4.50 4.50 4.50 4.55 78.5 1 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 18,126.5 77 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 39,251.0 175 ---------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 153 deals totaled KZT 32,967.8 m including 84 (KZT 15,588.0 m) repo opening deals and 69 repo closing (KZT 17,379.8 m). Indicator TONIA according to trades' results totaled 1.05% APR and decreased by 0.04 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 1.07 1.08 -0.01 7 days 1.17 3.42 -2.25 14 days 2.00 2.29 -0.29 28 days 2.81 5.92 -3.11 -------------------------------------------- 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: +26.8% (KZT -6,731.0 m), 10 participants. Second tier banks (STB): - KZT +15,833.0 m (borrowing, 10 banks), KZT -13,767.3 m (lending, 6 banks); - direct CS repo: -122.8, direct GS repo: KZT -4,082.5, at the open trade market of GS (auto repo sector) KZT +6,271.0 m; - resulting balance was KZT +2,065.7 m (on previous day it was equal to KZT +4,072.0 m). National Bank unchanged 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. [2004-10-07]