Investment attractiveness of financial instruments at KASE since December 29 of 2004 till January 11 of 2005

/IRBIS, Ranida Gabdeyeva, January 12, 05/ - Following is the table that allows to compare investment attractiveness of financial instruments, which were regularly traded or quoted at Kazakhstan stock exchange (KASE) in the period since December 29 of 2004 till January 11 of 2005. Trends are given relative to previous week. Instruments are given in descending order within the groups, based upon their attractiveness. ----------------------------------------------------------------- Yield, % APR Financial Transaction ------------- Coupon, Term, instrument currency value trend % APR. years -------------- ----------- ----- ------ --------- ---------- Non-indexed instruments denominated in tenge ----------------------------------------------------------------- CS repo* KZT 16.19 +9.97 - 0.003-0.76 UKPFb1 KZT 12.35 +2.35 14.00 2.7 UKTCb1 KZT 9.66 +1.09 9.00 1.8 TXBNb2 KZT 9.36 -0.13 11.00 5.5 ARNAb1 KZT 9.00 +2.00 13.00 0.7 VTTHb1 KZT 8.92 0 10.00 7.9 VTSKb2 KZT 8.85 -0.01 10.00 6.8 NRBNb4 KZT 7.81 - 8.00 4.0 VTZLb1 KZT 7.60 0 10.00 8.8 TXBNb1 KZT 7.50 0 15.00 1.6 BTAIb1 KZT 7.50 -0.50 10.00 6.0 CCBNb5 KZT 7.44 -0.06 8.50 2.7 HSBKb3 KZT 7.40 +0.90 9.00 4.4 ATFBb3 KZT 7.34 +0.44 8.50 3.9 PRKRb1 KZT 6.67 +0.09 8.00 4.4 KKGBb3 KZT 6.50 0 7.00 2.0 HSBKb5 KZT 6.33 +0.11 5.00 2.4 EUBNb1 KZT 6.00 0 6.50 3.9 EUBNb2 KZT 5.50 0 6.00 6.9 MEOKAM KZT 5.20 -0.25 5.5-8.0 0.62-7.89 MEKKAM, notes* KZT 2.74 -0.31 - 0.08-0.62 GS repo* KZT 1.61 +0.47 - 0.003-0.08 -------------- ----------- ----- ------ --------- ---------- Instruments indexed on inflation ----------------------------------------------------------------- ASFIb4 KZT 9.34 +1.34 9.00 6.4 KZASb2 KZT 9.25 0 8.80 4.4 VTBNb2 KZT 8.70 -0.10 8.80 5.0 TSBNb1 KZT 8.50 -1.01 9.00 2.4 KZALb1 KZT 8.47 0 9.70 4.4 CCBNb6 KZT 8.19 - 9.00 10.0 CSBNb4 KZT 8.00 +0.20 8.40 6.4 NRBNb3 KZT 8.00 -0.06 8.00 2.5 BTASb4 KZT 7.55 -0.03 8.00 9.4 CCBNb4 KZT 7.53 -0.07 9.00 6.7 ASBNb3 KZT 7.25 -1.25 8.50 6.8 CCBNb3 KZT 7.03 +0.01 12.80 5.4 KZIKb4 KZT 6.93 -0.46 8.20 9.2 HSBKb4 KZT 6.67 +0.14 8.50 5.5 BTASb3 KZT 6.50 0 9.40 8.8 KZIKb2 KZT 5.95 -0.06 9.50 8.7 KARMb2 KZT 5.75 +0.01 8.60 4.0 KZIKb6 KZT 5.46 +0.56 8.09 6.2 KZIKb3 KZT 5.27 -1.89 8.70 9.2 KZIKb7 KZT 5.00 -1.90 6.90 6.7 KZIKb5 KZT 4.90 0 8.09 4.2 KZIKb1 KZT 4.50 0 12.25 0.8 -------------- ----------- ----- ------ --------- ---------- Instruments indexed on devaluation of tenge to US dollar ----------------------------------------------------------------- ALKSb2 USD 32.96 +12.14 10.00 1.5 TEBNb2 USD 15.34 +1.83 11.00 3.7 ORDBb1 USD 13.42 +1.15 11.00 0.6 CCBNb1 USD 12.29 -4.17 12.00 0.9 ATFBb2 USD 12.19 -0.31 9.00 2.0 HSBKb USD 11.87 -0.13 11.80 2.4 KKGBb2 USD 11.00 0 8.00 4.9 BTASb1 USD 11.00 -0.50 12.00 4.1 NRBNb1 USD 10.67 -0.33 8.50 0.4 NRBNb2 USD 10.46 -0.32 9.00 6.4 VTBNb1 USD 10.19 -0.19 10.00 1.7 AST048.006 USD 10.05 - 8.50 2.5 BTASb2 USD 10.00 +0.40 9.00 5.3 ASBNb1 USD 9.50 +3.25 9.00 5.0 TEBNb USD 9.50 0 9.50 0.6 HSBKb2 USD 9.30 -2.70 8.00 2.4 BRKZb1 USD 8.50 +2.19 8.50 2.1 AST048.005 USD 8.22 -0.01 8.50 1.7 ARU060.003 USD 8.20 +0.04 8.60 1.7 AST036.004 USD 8.05 -0.01 8.31 0.7 KZAPb1 USD 7.00 0 8.50 2.2 ART060.004 USD 6.50 0 8.50 3.3 VKU036.002 USD 5.50 0 8.50 0.6 -------------- ----------- ----- ------ --------- ---------- Instruments indexed on devaluation of tenge to US dollar with protection from strengthening of tenge against dollar ----------------------------------------------------------------- ROSAb1 USD 9.99 0 11.00 2.3 CHFMb1 USD 9.70 +0.20 10.00 2.0 ASBNb2 USD 9.40 +0.60 8.50 1.8 MREKb1 USD 8.99 +0.99 13.00 2.3 CSBNb2 USD 8.69 +0.59 9.50 5.4 CSBNb3 USD 8.50 +0.05 8.75 5.9 RGBRb3 USD 8.45 -0.01 10.00 3.1 TEBNb3 USD 8.40 0 9.00 7.7 ASFIb3 USD 8.00 0 7.00 3.9 CCBNb2 USD 8.00 0 10.00 4.2 KZPSb1 USD 7.92 +1.92 8.00 3.3 KZTCb1 USD 7.50 -0.50 8.00 5.5 ASFIb2 USD 5.11 +0.11 9.00 0.2 -------------- ----------- ----- ------ --------- ---------- Non-indexed instruments denominated in foreign currency ----------------------------------------------------------------- KKGBe2 USD 8.00 0 11.000 3.0 KKGBe4 USD 7.67 0 8.500 8.3 BTASe3 USD 7.45 +0.10 7.875 5.4 RU_01_2806 USD 6.98 -0.02 12.75 23.5 PKKRe1 USD 6.72 +0.13 9.625 5.1 RU_02_3003 USD 6.61 -0.03 5.00 25.3 BRKZe2 USD 5.79 +0.11 7.375 8.9 BTASe2 USD 5.76 +0.22 10.000 2.4 KKGBe3 USD 5.08 -0.05 10.125 2.4 IFO bonds USD 4.05 +0.07 4.38-5.50 7.7-8.9 BRKZe1 USD 3.53 0 7.125 2.8 KZTOe1 USD 3.08 0 8.500 1.5 IFO bonds EUR 1.52 -0.13 7.13 0.3 ----------------------------------------------------------------- Yields of bonds in which deals were made are calculated as average of the deals. Yields of other bonds are calculated as average of sale quotations. On bonds with floating coupon forecasted yield is given. Term of instrument is shown with regard to the last date of the analyzed period (for bonds - till maturity, for repo instruments - till repo closing date). Rate of tenge devaluation against dollar is estimated at weighted average rate of the main session of KASE for the analyzed period at 0.2% APR. The yields shown here do not incorporate overhead expenses that are inevitable when conducting operations and fixing profits. Securities marked by an asterisk are the instruments with less than a year circulation term. Weighted average effective yields are given for them. [2005-01-12]