Repo at KASE: day results

/IRBIS, Yelena Korpusenko, May 23, 05/ - Today at Kazakhstan Stock Exchange (KASE) 132 deals were concluded on the repo floors (including automatic repo sector) for a total amount of KZT30,828.5 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 0.05 3.00 0.55 0.55 12,593.0 48 Open* 2 0.50 0.50 0.50 0.50 100.0 1 Open 4 0.50 0.50 0.50 0.50 100.0 1 Open 7 6.32 6.84 6.51 6.72 197.1 2 Open* 14 1.50 2.00 1.72 1.73 230.0 2 Open* 28 2.20 2.20 2.20 2.22 150.0 1 Open 31 8.01 8.01 8.01 8.31 82.9 2 Open 184 11.00 11.00 11.00 11.00 193.4 3 Open 365 11.00 11.00 11.00 11.00 77.5 4 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 13,723.9 64 --------- -------- ----- ----- ------- --------- -------- -------- Close 3 0.30 3.00 0.92 0.92 11,247.9 50 Close 4 1.50 1.50 1.50 1.51 500.1 1 Close 5 0.60 4.50 1.74 1.77 1,692.4 3 Close 7 1.00 5.25 1.26 1.27 3,583.9 10 Close 10 7.00 7.00 7.00 7.24 24.2 2 Close 17 3.02 3.02 3.02 3.07 56.2 2 --------- -------- ----- ----- ------- --------- -------- -------- Subtotal: 17,104.6 68 --------- -------- ----- ----- ------- --------- -------- -------- TOTAL: 30,828.5 132 ------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 112 deals totaled KZT29,329.8 m. including 51 (KZT12,923.0 m.) repo opening deals and 61 repo closing (KZT16,406.8 m.). Indicator TONIA according to trades results totaled 0.52 and decreased compared to last trading day by 0.39. Dynamics of repo rates (on repo opening deals for comparable terms). ----------------------------------------------- Term calendar Today Previous day days rate, % APR rate, % APR Trend ------------- ----------- ------------ ----- 7 6.51 1.05 +5.46 14 1.72 1.50 +0.22 28 2.20 2.00 +0.20 31 8.01 7.93 +0.08 ----------------------------------------------- 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: -2.4% (-KZT11,027.0 m.), 12 participants. Second tier banks (STB): - +KZT12,403.0 m. (borrowing 10 banks), -KZT1,291.0 m. (lending 4 banks); - in direct deals on GS net position was zero (gross - KZT200.0 m.); at open trade market (autorepo sector) +KZT11,112.0 m.; - resulting balance totaled +KZT11,112.0 m. (on previous day it was equal to +KZT10,837.0 m.). National Bank today almost did not change its participation stake on repo market working for borrowing money as usual. National banks counterparties included pension asset managers and two tier banks. Overnight repurchase agreement was used as liquidity regulation tool. [2005-05-23]