Repo at KASE: day results

/IRBIS, Natalya Khoroshevskaya, March 19, 05/ - Today at Kazakhstan Stock Exchange (KASE) 142 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT22,879.6 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 4 0.10 4.00 1.48 1.49 12,939.0 73 Open* 16 1.60 1.60 1.60 1.61 500.0 1 Open 37 6.00 6.00 6.00 6.16 600.0 2 Open 365 8.00 8.00 8.00 8.00 364.2 16 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 14,403.2 92 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 0.10 2.40 1.14 1.15 8,437.3 45 Close 25 3.00 3.07 3.01 3.05 34.1 4 Close 46 2.26 2.26 2.26 2.28 5.0 1 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 8,476.4 50 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 22,879.6 142 ----------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 118 deals totaled KZT21,116.3m. including 74 (KZT13,479.0 m.) repo opening deals and 44 repo closing (KZT7,673.3 m.). Indicator TONIA according to trades results totaled 1.48 and increased compared to last trading day by 0.23. Dynamics of repo rates (on repo opening deals with comparable maturities). 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: -45.3% (-KZT3,994.0 m), 12 participants. Second tier banks (STB): - +KZT12,863.0 m. (borrowing 10 banks), -KZT6,787.0 m. (lending 8 banks); - in direct deals on GS +KZT54.0; in open trade market (autorepo sector) + KZT6,022.0 m.; - resulting balance totaled +KZT6,076.0 m. (on previous day it was equal to +KZT9,528.0 m.). National Bank enhanced its participation stake today working for borrowing money as usual. National banks counterparties' included pension asset managers, second-tier banks and its clients. Four day repurchase agreement was used as liquidity regulation tool. [2005-03-19]