Repo at KASE: day results

/IRBIS, Ranida Gabdeyeva, January 20, 05/ - Today at Kazakhstan Stock Exchange (KASE) 191 deal was concluded at the repo floors (including automatic repo sector) for a total amount of KZT37,452.5 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 2.00 1.36 1.37 19,707.9 92 Open* 4 1.00 1.50 1.25 1.25 812.0 4 Open 7 4.70 5.60 5.13 5.26 95.0 2 Open* 14 1.50 6.03 2.04 2.08 122.2 4 Open 32 3.95 10.02 4.19 4.27 329.9 3 Open 39 7.96 7.96 7.96 8.24 88.0 1 Open 181 6.00 6.00 6.00 6.09 60.0 1 Open 365 7.00 7.00 7.00 7.00 186.0 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 21,401.0 108 --------- -------- ----- ----- ------- --------- -------- -------- Close 1 0.50 3.50 2.39 2.42 15,856.0 77 Close 7 5.70 5.70 5.70 5.86 80.1 1 Close 8 4.75 4.75 4.75 4.86 88.1 1 Close 14 6.00 6.00 6.00 6.18 6.0 1 Close 59 10.02 10.02 10.02 10.45 13.0 2 Close 65 5.53 5.53 5.53 5.65 8.3 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 16,051.5 83 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 37,452.5 191 ------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 172 deal totaled KZT36,235.1 m. including 96 (KZT20,479.0 m.) repo opening deals and 76 repo closing (KZT15,756.0 m.). Indicator TONIA according to trades results totaled 1.37% APR and decreased compared to last trading day by 1.02. 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 1.36 2.39 -1.03 7 5.13 2.65 +2.48 14 2.04 9.00 -6.96 181 6.00 6.00 0 ----------------------------------------------- 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: +13.8% (-KZT6,214.0 m) 14 participants. Second tier banks (STB): - +KZT20,432.0 m. (borrowing 11 banks) -KZT14,762.9 m. (lending 10 banks); - in the sector of direct transactions on GS-net position was zero, at the open trade market (auto repo sector) +KZT5,849.0 m., in CS repo sector -KZT179.0 m; - resulting balance totaled +KZT5,670.0 m. (on previous day it was equal to +KZT5,152.0 m.). National Bank today increased its participation stake today on repo market solely working as borrower. National banks counterparties included second- tier banks and their clients. Overnight repurchase agreement was used as liquidity regulation tool. [2005-01-20]