Repo at KASE: day results

/IRBIS, Assel Omarova, November 9, 04/ - Today at Kazakhstan Stock Exchange (KASE) 115 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT17,708.0 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 0.10 0.38 0.26 0.26 6,452.0 46 Open* 7 1.00 5.60 3.62 3.71 232.0 5 Open 10 15.01 15.01 15.01 16.16 0.3 1 Open 14 6.00 6.00 6.00 6.18 9.0 2 Open 20 1.11 2.77 2.53 2.56 27.0 4 Open* 28 8.20 8.20 8.20 8.52 43.0 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 6,763.3 59 --------- -------- ----- ----- ------- --------- -------- -------- Close 1 0.15 5.30 0.29 0.29 10,143.1 45 Close 6 2.44 2.44 2.44 2.47 69.7 1 Close 7 5.50 5.50 5.50 5.65 82.1 2 Close 11 2.67 2.67 2.67 2.70 26.0 1 Close 14 2.00 2.00 2.00 2.02 200.2 1 Close 19 0.52 1.06 0.79 0.79 200.1 2 Close 20 0.55 1.00 0.78 0.78 80.0 2 Close 28 3.00 8.20 4.57 4.69 143.5 2 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 10,944.6 56 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 17,708.0 115 ------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 91 deals totaled KZT16,685.2 m. including 46 (KZT6,392.0 m.) repo opening deals and 45 repo closing (KZT10,293.2 m.). Indicator TONIA according to trades' results totaled 0.26% APR and decreased compared to last trading day by 0.01%. 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 0.26 0.29 -0.03 28 days 8.20 2.50 +5.70 ----------------------------------------------- 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: +6.2% (KZT -4,274.0 m.), 4 participants. Second tier banks (STB): - KZT +6,224.0 m. (borrowing, 7 banks), KZT -2,453.0 m. (lending, 6 banks); - in sector of direct transactions on GS net-position was zero (gross - KZT320.0 m.), at the open trade market of GS (auto repo sector) KZT +3,771.0 m.; - resulting balance was KZT +3,771.0 m. (on previous day it was equal to KZT +3,771.5 m). National Bank today slightly increased its participation stake on repo market solely working as borrower. Its counterparts on deals were pension market's subjects and STB. Repo "overnight" was used as liquidity regulation tool. [2004-11-09]