Repo at KASE: day results

/IRBIS, Assel Omarova, October 12, 04/ - Today at Kazakhstan Stock Exchange (KASE) 151 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT 28,139.1 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 1 0.50 1.70 0.84 0.84 11,591.0 60 Open* 2 0.60 0.60 0.60 0.60 300.0 1 Open* 3 0.70 0.70 0.70 0.70 500.0 3 Open 5 5.00 5.00 5.00 5.13 717.9 4 Open 6 6.08 7.12 6.67 6.90 173.8 3 Open 7 2.40 11.00 4.57 4.70 580.7 8 Open 13 14.01 14.01 14.01 14.99 13.4 1 Open* 14 2.50 2.50 2.50 2.53 50.0 1 Open 28 3.00 8.20 4.56 4.69 143.0 2 Open 365 10.00 10.00 10.00 10.00 250.0 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 14,319.9 84 --------- -------- ----- ----- ------- --------- -------- -------- Close 1 0.15 6.67 0.59 0.60 13,220.0 59 Close 7 1.20 1.20 1.20 1.21 200.0 2 Close 12 1.24 1.24 1.24 1.25 100.0 1 Close 14 2.50 11.00 3.87 4.00 155.2 3 Close 28 8.20 8.20 8.20 8.52 43.3 1 Close 97 3.57 3.57 3.57 3.61 100.9 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 13,819.6 67 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 28,139.4 151 ------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 128 deals totaled KZT 25,611.4 m including 67 (KZT 12,221.0 m) repo opening deals and 61 repo closing (KZT 13,390.4 m). Indicator TONIA according to trades' results totaled 0.85% APR and increased by 0.30 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 0.84 0.55 +0.29 2 days 0.60 0.60 0 3 days 0.70 0.80 -0.10 7 days 4.57 3.33 +1.24 14 days 2.50 4.33 -1.83 28 days 4.56 5.97 -1.41 ----------------------------------------------- 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: -4.5% (KZT -6,167.0 m), 5 participants. Second tier banks (STB): - KZT +11,251.0 m (borrowing, 8 banks), KZT -6,817.0 m (lending, 7 banks); - direct GS repo: KZT-100.0 m, CS repo sector KZT-250.0 m, at the open trade market of GS (auto repo sector) KZT +4,784.0 m; - resulting balance was KZT +4,434.0 m (on previous day it was equal to KZT +4,962.0 m). National Bank did not change 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. [2004-10-12]