Repo at KASE: day results

/IRBIS, Yelena Korpusenko, May 5, 05/ - Today at Kazakhstan Stock Exchange (KASE) 122 deals were concluded on the repo floors (including automatic repo sector) for a total amount of KZT28,138.2m. 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 0.30 1.20 0.70 0.70 11,017.0 52 Open* 7 1.00 7.00 1.89 1.93 558.0 5 Open 25 3.00 6.57 4.25 4.35 71.0 4 Open* 28 2.00 7.49 2.12 2.14 409.0 4 Open 32 7.98 8.00 7.99 8.28 10.8 2 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal: 12,065.8 67 --------- -------- ---- ---- ------- --------- -------- -------- Close 1 0.20 1.33 0.64 0.64 12,743.2 39 Close 2 0.40 2.00 1.79 1.81 2,300.2 5 Close 6 0.57 0.57 0.57 0.57 100.0 1 Close 7 1.30 7.00 2.51 2.57 413.2 4 Close 14 1.70 1.70 1.70 1.71 102.1 1 Close 28 1.90 2.00 1.98 2.00 383.6 3 Close 47 8.00 8.00 8.00 8.28 22.0 1 Close 61 6.99 6.99 6.99 7.19 8.1 1 --------- -------- ---- ---- ------- --------- -------- -------- Subtotal 16,072.4 55 --------- -------- ---- ---- ------- --------- -------- -------- TOTAL: 28,138.2 122 ----------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 105 deals totaled KZT27,451.2 m. including 56 (KZT11,692.0 m.) repo opening deals and 49 repo closing (KZT15,759.2 m.). Indicator TONIA according to trades results totaled 0.70 and increased compared to last trading day by 0.06. Dynamics of repo rates (on repo opening deals for comparable terms). ----------------------------------------------- Term calendar Today Previous day days rate, % APR rate, % APR Trend ------------- ----------- ------------ ----- 1 0.70 0.64 +0.06 7 1.89 2.11 -0.22 28 2.12 2.50 -0.38 ----------------------------------------------- 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: -38.1% (-KZT4,032.0 m.), 8 participants. Second tier banks (STB): - +KZT9,893.0 m. (borrowing 7 banks), -KZT5,119.0 m. (lending 7 banks); - in direct deals on GS repo -KZT46.0 m., at open trade market (autorepo sector) +KZT4,820.0 m.; - resulting balance totaled +KZT4,774.0 m. (on previous day it was equal to +KZT9,450.0 m.). National Bank today lowered its participation stake on repo market working for borrowing money as usual. National banks counterparties included pension asset managers and second-tier banks. Overnight repurchase agreement was used as liquidity regulation tool. [2005-05-05]