Repo at KASE: day results

/IRBIS, Natalya Kuznetsova, January 5, 05/ - Today at Kazakhstan Stock Exchange (KASE) 197 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT75,961.1 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 0.10 1.89 0.94 0.94 8,540.00 30 Open* 2 0.70 0.80 0.75 0.75 3,000.00 5 Open* 7 1.00 10.00 5.07 5.25 556.00 11 Open* 14 2.00 2.00 2.00 2.02 50.00 1 Open 26 10.00 10.10 10.05 10.53 125.99 5 Open* 28 2.50 9.00 4.37 4.50 142.00 5 Open 33 2.00 8.50 5.25 5.43 200.40 2 --------- -------- ----- ----- ------- --------- --------- -------- Subtotal: 12,614.40 59 --------- -------- ----- ----- ------- --------- --------- -------- Close 5 0.50 2.25 1.43 1.44 18,097.55 51 Close 6 0.99 1.75 1.24 1.25 6,821.39 21 Close 7 1.00 4.95 4.58 4.69 29,569.89 38 Close 8 0.70 5.60 3.57 3.67 312.25 4 Close 9 0.70 4.79 0.75 0.75 8,018.61 14 Close 16 4.79 4.79 4.79 4.90 14.03 1 Close 28 8.50 10.00 8.68 9.04 286.91 3 Close 29 2.50 8.20 7.31 7.58 51.30 2 Close 30 2.50 2.50 2.50 2.53 94.19 2 Close 33 8.24 8.24 8.24 8.56 80.60 2 --------- -------- ----- ----- ------- --------- --------- -------- Subtotal: 63,346.72 138 --------- -------- ----- ----- ------- --------- --------- -------- TOTAL: 75,961.12 197 -------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 144 deals totaled KZT48,167.9 m. including 41 (KZT11,597.0 m.) repo opening deals and 103 repo closing (KZT36,570.9 m.). Indicator TONIA according to trades results totaled 0.94% APR and decreased compared to last trading day by 0.71. Dynamics of repo rates (on repo opening deals with comparable maturities) is characterized by following indicators: ----------------------------------------------- Term calendar Today Previous day days rate, % APR rate, % APR Trend ------------- ----------- ------------ ----- 7 days 5.07 0.80 +4.27 14 days 2.00 7.00 -5.00 28 days 4.37 3.00 +1.37 ----------------------------------------------- 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: -49.8% (KZT-764.0 m.), 8 participants. Second tier banks (STB): - KZT+11,560.0 m. (borrowing, 9 banks), KZT-10,657.2 m. (lending, 8 banks); - in the sector of direct transactions on GS net-position was zero (gross - KZT520.0 m.), at the open trade market (auto repo sector) +KZT918.0 m., in GS repo sector -KZT15.2 m; - resulting balance totaled +KZT902.8 m. (on previous day it was equal to +KZT2,575.0 m.). National Bank took part in today trades acting as the borrower. National banks counterparties included second-tier banks. Overnight repurchase agreement was used as liquidity regulation tool. [2005-01-05]