Repo at KASE: day results

/IRBIS, Nataliya Khoroshevskaya, December 20, 04/ - Today at Kazakhstan Stock Exchange (KASE) 214 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT38,099.4 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 5.30 1.76 1.78 19,342.0 91 Open 7 1.00 5.26 4.45 4.56 380.0 4 Open 21 2.00 2.00 2.00 2.02 2.0 1 Open* 28 2.50 11.00 3.74 3.85 171.0 4 Open 31 11.00 15.00 11.90 12.58 25.8 2 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 19,920.8 102 --------- -------- ----- ----- ------- --------- -------- -------- Close 5 1.00 14.98 2.73 2.77 15,402.9 90 Close 6 1.00 4.00 2.66 2.70 202.1 3 Close 7 2.00 11.00 3.43 3.53 233.2 4 Close 10 3.50 3.50 3.50 3.56 2.4 1 Close 11 2.00 2.00 2.00 2.02 84.1 2 Close 14 0.30 9.00 0.33 0.33 1,957.2 2 Close 31 2.50 9.00 4.50 4.64 266.0 3 Close 41 15.00 15.00 15.00 16.02 0.3 1 Close 59 15.00 15.00 15.00 15.97 0.2 1 Close 80 15.00 15.00 15.00 15.86 0.3 1 Close 104 15.00 15.00 15.00 15.76 0.3 1 Close 130 15.00 15.00 15.00 15.56 0.3 1 Close 157 15.00 15.00 15.00 15.56 3.8 1 Close 305 10.49 10.49 10.49 10.49 25.6 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 18,178.6 112 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 38,099.4 214 ------------------------------------------------------------------ By open trades method (in automatic repo sector) volume of 178 deals totaled KZT33,618.2 m. including 86 (KZT18,126.0 m.) repo opening deals and 92 repo closing (KZT15,492.2 m.). Indicator TONIA according to trades' results totaled 1.73% APR and decrease compared to last trading day by 0.90%. 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 4.45 9.83 -5.38 -------------------------------------------- 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: +53.2% (KZT-3,863.0 m.), 11 participants. Second tier banks (STB): - KZT+19,690.0 m. (borrowing, 12 banks), KZT-14,905.0 m. (lending, 5 banks); - in the sector of direct deals on GS +780.0, at the open trade market of GS (auto repo sector) KZT+3,817.0 m., in CS repo sector KZT+188.0 m.; - resulting balance was KZT+4,785.0 m. (on previous day it was equal to KZT+5,152.0 m.). National Bank today increased its participation stake on repo market solely working as borrower. Counterparts of National Bank on deals were pension market entities and STB. Repo overnight was used as liquidity regulation tool. [2004-12-20]