Repo at KASE: day results

/IRBIS, Nataliya Khoroshevskaya, November 01, 04/ - Today at Kazakhstan Stock Exchange (KASE) 133 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT 33,590.1 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 0.15 0.70 0.30 0.31 10,469.0 31 Open 2 5.20 5.20 5.20 5.34 50.0 1 Open 4 6.89 6.89 6.89 7.13 78.4 1 Open 7 2.00 2.47 2.43 2.46 89.0 2 Open* 14 1.85 1.85 1.85 1.87 101.0 3 Open* 28 2.30 10.00 3.65 3.74 785.0 12 Open 30 6.00 12.00 11.57 12.22 53.9 2 --------- -------- ---- ----- ------- --------- -------- -------- Subtotal: 11,626.3 52 --------- -------- ---- ----- ------- --------- -------- -------- Close 3 0.10 4.94 0.56 0.56 19,413.0 60 Close 4 0.10 5.20 0.72 0.73 471.0 6 Close 5 0.33 0.50 0.49 0.49 1,300.1 4 Close 6 0.32 0.38 0.36 0.36 160.0 2 Close 28 3.00 10.00 5.04 5.21 280.1 4 Close 32 1.64 12.00 6.33 6.60 255.8 4 Close 75 7.30 7.30 7.30 7.50 83.7 1 --------- -------- ---- ----- ------- --------- -------- -------- Subtotal: 21,963.8 81 --------- -------- ---- ----- ------- --------- -------- -------- TOTAL: 33,590.1 133 ----------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 100 deals totaled KZT 27,821.1 m including 45 (KZT 11,249.0 m) repo opening deals and 55 repo closing (KZT 16,572.1 m). Indicator TONIA according to trades' results totaled 0.31% APR and decreased compared to last trading day by 0.12%. 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 ------------- ----------- ------------ ----- 7 days 2.43 3.94 -1.51 28 days 3.65 9.76 -6.11 -------------------------------------------- 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: -9.9% (KZT -5,102.0 m), 10 participants. Second tier banks (STB): - KZT +10,909.0 m (borrowing, 7 banks), KZT -6,325.4 m (lending, 8 banks); - in direct GS repo sector position of STB was zero,in repo GS sector -KZT -78.4 m, at the open trade market of GS (auto repo sector) KZT +4,662.0 m; - resulting balance was KZT +4,583.6 m (on previous day it was equal to KZT +5,354.6 m). National Bank did not change its participation stake on repo market solely working as borrower. Its counterparts on deals were commercial banks. Three day repo was used as liquidity regulation tool. [2004-11-01]