Repo at KASE: day results

/IRBIS, Elena Korpusenko, December 2, 04/ - Today at Kazakhstan Stock Exchange (KASE) 138 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT28,943.5 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 0.30 1.83 0.56 0.56 14,622.0 58 Open* 7 1.50 1.50 1.50 1.51 43.0 1 Open 8 1.10 1.10 1.10 1.11 100.0 1 Open 11 1.10 1.10 1.10 1.11 100.0 1 Open 26 3.25 10.00 6.93 7.19 261.0 9 Open 27 11.00 11.09 11.04 11.62 80.5 3 Open* 28 2.50 2.50 2.50 2.53 127.0 3 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 15,333.5 76 --------- -------- ----- ----- ------- --------- -------- -------- Close 1 0.30 5.30 0.99 1.00 12,365.5 47 Close 2 0.30 5.30 1.11 1.13 740.1 8 Close 7 0.41 0.41 0.41 0.41 100.0 1 Close 8 0.49 0.49 0.49 0.49 100.0 1 Close 14 2.00 2.00 2.00 2.02 100.1 1 Close 28 2.00 2.55 2.42 2.44 204.4 4 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 13,610.1 62 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 28,943.5 138 ------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 111 deals totaled KZT26,221.5 m. including 60 (KZT13,946.0 m.) repo opening deals and 51repo closing (KZT12,275.5 m.). Indicator TONIA according to trades' results totaled 0.56% APR and decrease compared to last trading day by 0.33%. 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 0.56 0.99 -0.43 7 days 1.50 1.16 +0.34 28 days 2.50 5.97 -3.47 ----------------------------------------------- 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: +12.8% (KZT-5,060.0 m.), 9 participants. Second tier banks (STB): - KZT+13,796.0 m. (borrowing, 10 banks), KZT-9,814.1 m. (lending, 6 banks); - in the sector of direct transactions - KZT-875.1 m., at the open trade market of GS (auto repo sector) KZT+5,037.0 m.; - resulting balance was KZT+4,161.9 m. (on previous day it was equal to KZT+3,417.8 m.). National Bank today did not change its participation stake on repo market solely working as borrower. Counterparts of National Bank on deals were pension market's subjects, STB and their clients. Repo overnight was used as liquidity regulation tool. [2004-12-02]