Repo at KASE: day results

/IRBIS, Yelena Korpusenko, March 17, 05/ - Today at Kazakhstan Stock Exchange (KASE) 106 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT16,265.8 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 0.55 0.38 0.38 5,651.0 32 Open* 6 1.00 1.00 1.00 1.00 485.0 3 Open* 7 1.25 1.25 1.25 1.26 300.0 1 Open 11 5.00 5.99 5.91 6.09 59.4 2 Open* 28 1.80 2.00 1.89 1.91 416.0 3 Open 32 7.33 7.33 7.33 7.58 19.4 1 Open 35 6.00 8.00 7.00 7.23 567.0 6 Open 61 8.00 8.00 8.00 8.26 77.0 2 Open 183 8.04 8.04 8.04 8.04 100.0 1 Open 186 8.00 8.00 8.00 8.00 19.2 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 7,694.1 52 --------- -------- ----- ----- ------- --------- -------- -------- Close 1 0.10 1.00 0.51 0.51 8,115.1 42 Close 3 0.30 12.00 1.87 1.97 115.5 2 Close 6 6.00 6.00 6.00 6.18 60.5 2 Close 13 7.98 7.98 7.98 8.29 50.2 2 Close 24 3.00 3.00 3.00 3.04 14.0 1 Close 28 2.00 8.00 5.43 5.61 198.8 3 Close 35 6.55 6.55 6.55 6.74 13.1 1 Close 365 11.00 11.00 11.00 11.00 4.4 1 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 8,571.7 54 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 16,265.8 106 ------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 80 deals totaled KZT14,852.3m. including 38 (KZT6,752.0 m.) repo opening deals and 42 repo closing (KZT8,100.3 m.). Indicator TONIA according to trades results totaled 0.38 and increased compared to last trading day by 0.14. 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 0.38 0.51 -0.13 28 1.89 8.75 -6.86 ----------------------------------------------- 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: 66.0% (-KZT1,162.0 m), 4 participants. Second tier banks (STB): - +KZT5,935.0 m. (borrowing 7 banks), -KZT3,672.0 m. (lending 5 banks); - in direct deals on GS net position was zero (gross - KZT200.0 m); in open trade market (autorepo sector) + KZT2,263.0 m.; - resulting balance totaled +KZT2,263.0 m. (on previous day it was equal to +KZT4,209.3 m.). National Bank lowered its participation stake today working for borrowing money as usual. National banks counterparties' included pension asset managers, second-tier banks and its clients. Overnight repurchase agreement was used as liquidity regulation tool. [2005-03-17]