Repo at KASE: day results

/IRBIS, Assel Omarova, January 18, 05/ - Today at Kazakhstan Stock Exchange (KASE) 180 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT22,601.1 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 2.50 3.60 2.98 3.02 11,624.1 93 Open* 3 3.00 3.00 3.00 3.04 775.0 3 Open 31 2.00 7.75 6.99 7.23 270.3 3 Open 59 9.01 9.01 9.01 9.35 100.1 1 Open 365 7.00 7.00 7.00 7.00 186.0 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 12,955.5 101 --------- -------- ----- ----- ------- --------- -------- -------- Close 1 1.00 3.50 2.42 2.45 9,424.6 74 Close 8 6.10 6.10 6.10 6.28 64.1 1 Close 28 6.00 6.00 6.00 6.17 50.2 1 Close 140 13.00 13.00 13.00 13.43 38.8 1 Close 173 13.00 13.00 13.00 13.42 23.4 1 Close 193 13.00 13.00 13.00 13.00 44.5 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 9,645.6 79 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 22,601.1 180 ------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 167 deals totaled KZT19,759.6 m. including 93 (KZT10,335.0 m.) repo opening deals and 74 repo closing (KZT9,424.6 m.). Indicator TONIA according to trades results totaled 3.07% APR and increased compared to last trading day by 0.66. 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 ------------- ----------- ------------ ----- 1 2.98 2.43 +0.55 31 6.99 9.67 -2.68 365 7.00 8.50 -1.50 ----------------------------------------------- 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: +57.0%. (-KZT5,610.0 m), 12 participants. Second tier banks (STB): - +KZT12,342.2 m. (borrowing, 11 banks), -KZT4,640.1 m. (lending, 10 banks); - in the sector of direct transactions on GS-KZT56.9 m, at the open trade market (auto repo sector) +KZT7,795.0 m., in CS repo sector -KZT36.0 m.; - resulting balance totaled +KZT7,702.1 m. (on previous day it was equal to +KZT3,995.6 m.). National Bank today lowered its participation stake today by 53.7% on repo market solely working as borrower. National banks counterparties included second-tier banks. Overnight repurchase agreement was used as liquidity regulation tool. [2005-01-18]