Repo at KASE: day results

/IRBIS, Natalya Khoroshevskaya, December 27, 04/ - Today at Kazakhstan stock exchange (KASE) 185 deals were concluded at the repo floors (including automatic repo sector) for a total of KZT37,452.5 m. Results of trades are given in the table. Repo opening transactions, which were made only by 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 0.49 5.30 1.00 1.01 11,735.0 57 Open* 2 5.40 5.40 5.40 5.55 135.0 2 Open 9 0.70 4.79 0.75 0.75 8,017.1 14 Open 28 2.00 10.50 6.80 7.11 217.0 4 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 20,104.2 77 --------- -------- ----- ----- ------- --------- -------- -------- Close 3 0.40 3.50 1.52 1.53 16,121.0 90 Close 5 1.03 1.03 1.03 1.04 100.0 1 Close 7 0.79 1.00 0.86 0.87 258.0 3 Close 14 2.00 2.20 2.10 2.12 350.3 5 Close 20 8.50 8.50 8.50 8.85 25.3 2 Close 24 5.70 5.70 5.70 5.85 61.2 1 Close 27 9.40 9.40 9.40 9.81 25.2 1 Close 28 2.35 9.06 6.96 7.24 304.5 4 Close 89 11.49 11.49 11.49 12.00 102.8 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 17,348.4 108 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 37,452.5 185 ------------------------------------------------------------------ By open trades method (in automatic repo sector) volume of 171 deals totaled KZT36,837.5 m. including 71 (KZT20,013.0 m.) repo opening deals and 100 repo closing (KZT16,824.5 m.). Indicator TONIA according to trades' results totaled 0.92% APR and decreased compared to last trading day by 0.92%. Dynamics of repo rates (repo opening for comparable terms) is described by the following indicators: -------------------------------------------- Term calendar Today Previous day days rate, % APR rate, % APR Trend ------------- ----------- ------------ ----- 28 days 6.80 7.34 -0.54 -------------------------------------------- Pension system entities: -63.2% (-KZT1,289.0 m.), 10 participants. Second tier banks (STB): - +KZT19,839.0 m. (borrowing, 12 banks), -KZT18,254.0 m. (lending, 8 banks); - in the sector of direct deals in GS net-position was zero, at the open trade market (autorepo sector) +KZT1,546.0 m., in CS repo sector +KZT39.0 m.; - resulting balance was +KZT1,585.0 m. (on previous day it was equal to +KZT4,495.0 m.). National Bank today did not change the stake of its participation at the repo market still working as a borrower. Counterparties of the National Bank on deals were pension market's subjects, STB and their clients. Repo "overnight" was used as the liquidity regulation instrument. [2004-12-27]