Repo at KASE: day results

/IRBIS, Yelena Korpusenko, April 14, 05/ - Today at Kazakhstan Stock Exchange (KASE) 192 deals were concluded at the repo floors (including automatic repo sector) for a total amount of KZT42,098.8 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 1.00 6.00 3.70 3.77 19,235.0 83 Open* 7 2.45 7.00 4.42 4.55 530.0 2 Open 14 1.50 1.50 1.50 1.51 450.0 1 Open 29 9.44 9.50 9.47 9.89 10.0 2 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 20,225.0 88 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 0.64 4.50 1.32 1.33 19,285.7 91 Close 3 0.90 0.90 0.90 0.90 100.0 1 Close 7 0.80 0.90 0.86 0.86 2,049.3 6 Close 28 1.80 2.00 1.89 1.91 416.6 3 Close 31 9.50 9.54 9.52 9.94 10.1 2 Close 153 2.00 2.00 2.00 2.01 12.1 1 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 21,873.8 104 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 42,098.8 192 ----------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 175 deals totaled KZT40,842.6 m. including 79 (KZT19,621.0 m.) repo opening deals and 96 repo closing (KZT21,221.6 m.). Indicator TONIA according to trades results totaled 3.71 and increased compared to last trading day by 2.44. Dynamics of repo rates (on repo opening deals with comparable maturities). ----------------------------------------------- Term calendar Today Previous day days rate, % APR rate, % APR Trend ------------- ----------- ------------ ----- 1 3.70 1.32 +2.38 7 4.42 5.05 -0.63 14 1.50 2.46 -1.96 ----------------------------------------------- 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: +14.2% (-KZT6,082.0 m), 11 participants. Second tier banks (STB): - +KZT19,821.0 m. (borrowing 11 banks), -KZT13,050.0 m. (lending 8 banks); - in sector of direct deals on GS net position of tow tier banks was zero, in open trade market (autorepo sector) +KZT6,763.0 m., in CS repo sector +KZT8.0 m.; - resulting balance totaled +KZT6,771.0 m. (on previous day it was equal to +KZT5,612.0 m.). National Bank reduced its participation stake at repo market today by 20.1 % working for borrowing money as usual. National banks counterparties' included second-tier banks. Overnight repurchase agreement was used as liquidity regulation tool. [2005-04-14]