Repo at KASE: day results

/IRBIS, Elena Korpusenko, October 21, 04/ - Today at Kazakhstan Stock Exchange (KASE) 164 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT 30,890.8 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 0.40 1.00 0.65 0.65 9,272.0 55 Open* 5 0.50 1.00 0.56 0.56 1,955.0 8 Open* 6 1.00 5.32 3.20 3.27 102.0 3 Open* 7 1.00 7.00 1.42 1.44 1,927.9 14 Open* 11 0.50 1.00 0.75 0.75 200.0 2 Open* 13 6.03 6.03 6.03 6.21 30.0 1 Open* 14 2.40 2.40 2.40 2.43 170.0 2 Open 28 2.80 9.00 3.77 3.86 66.0 3 Open 32 3.20 3.20 3.20 3.25 387.8 2 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 14 110.7 90 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 0.25 1.00 0.65 0.65 11,450.2 55 Close 3 0.30 0.30 0.30 0.30 60.0 1 Close 7 1.00 5.01 1.15 1.16 4,587.0 10 Close 8 5.93 5.93 5.93 6.11 40.0 1 Close 14 2.00 4.95 2.60 2.64 626.8 4 Close 21 1.58 1.58 1.58 1.60 5.0 1 Close 28 5.00 9.00 8.64 9.00 11.1 2 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 16,780.1 74 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 30,890.8 164 ----------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 139 deals totaled KZT 24,649.8 m including 77 (KZT 12,271.0 m) repo opening deals and 62 repo closing (KZT 12,378.7 m). Indicator TONIA according to trades' results totaled 0.65% APR. Dynamics of repo rates (repo opening. comparable terms) is best described by following indicators: ----------------------------------------------- Term calendar Today Previous day days rate, % APR rate, % APR Trend ------------- ----------- ------------ ----- 1 day 0.65 0.65 0 6 day 3.20 1.50 +1.70 7 day 1.42 1.07 +0.35 14 days 2.40 2.74 -3.34 28-days 3.77 2.80 +0.97 ----------------------------------------------- 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: +8.7% (KZT -4,5640 m), 10 participants. Second tier banks (STB): - KZT +11,352.0 m (borrowing, 9 banks), KZT -8,864.7 m (lending, 6 banks); - In repo sector CS -387.8 m, GS -1,069.9 at the open trade market of GS (auto repo sector) KZT +3,945.0 m; - resulting balance was KZT +2,487.4 m (on previous day it was equal to KZT +2,984.2 m). National Bank did not change its participation stake solely working as borrower. Its counterparts on deals were pension market participants and STB. Repo "overnight" was used as liquidity regulation tool. [2004-10-21]