Investment attractiveness of financial instruments at KASE since May 19 till May 25

/IRBIS, Ranida Gabdeyeva, May 26, 05/ - Following is the table that allows to compare investment attractiveness of financial instruments, which were regularly traded or quoted at Kazakhstan stock exchange (KASE) in the period since May 19 till May 25. Trends are given relative to previous week. Instruments are given in descending order within the groups, based upon their attractiveness. ---------------------------------------------------- Yield, % APR Financial ------------ Coupon, Term, instrument value trend % APR. years --------------- ----- ----- --------- ---------- Non-indexed instruments denominated in tenge ---------------------------------------------------- UKPFb1 12.30 0 14.00 2.3 ARNAb1 9.43 +2.93 13.00 0.3 CS repo* 9.12 +3.13 - 0.003-0.25 ASBNb4 9.00 - 7.00 2.9 VTTHb1 8.87 0 10.00 7.5 VTSKb2 8.79 -0.01 10.00 6.5 TXBNb2 8.71 +0.08 11.00 5.1 CSBNb6 8.30 -0.70 8.50 10.0 NRBNb4 8.14 +0.03 8.00 3.6 ATFBb4 8.12 -0.14 8.50 9.5 TXBNb1 8.00 0 15.00 1.3 UKTCb1 8.00 0 9.00 1.4 VTZLb1 7.52 0 10.00 8.5 PRKRb1 7.30 -0.02 8.00 4.0 HSBKb3 7.05 +0.01 9.00 4.1 HSBKb7 7.00 0 7.50 9.6 HSBKb5 6.73 +0.46 5.00 2.0 ATFBb3 6.50 -1.85 8.50 3.5 CCBNb5 6.49 -0.01 8.50 2.4 BTAIb1 6.00 0 10.00 5.6 EUBNb1 6.00 0 6.50 3.5 EUBNb2 5.50 0 6.00 6.6 KKGBb3 5.50 0 7.00 1.7 MEOKAM 5.29 +0.34 3.8-8.3 0.26-4.73 MEKKAM, notes* 1.58 -0.50 - 0.01-0.31 GS repo* 1.15 +0.07 - 0.003-0.09 --------------- ----- ----- --------- ---------- Instruments indexed on inflation ---------------------------------------------------- GLOTb1 10.00 +0.50 10.00 2.9 ASFIb5 9.46 -0.04 9.00 4.7 KZASb2 9.10 0 8.80 4.1 KKAGb1 9.00 0 9.20 4.7 BTAIb4 9.00 0 9.50 5.0 TXBNb3 8.87 -0.03 8.50 6.4 CSBNb4 8.84 -0.01 8.40 6.0 KZALb1 8.70 +0.03 9.70 4.0 VTBNb2 8.66 +0.01 8.80 4.6 TSBNb1 8.50 -0.19 9.00 2.0 CSBNb5 8.33 -0.41 8.50 6.7 ASFIb4 7.75 -1.75 9.00 6.0 NRBNb3 7.55 -0.45 8.00 2.1 BTASb4 7.50 0 8.00 9.1 BTAIb5 7.50 -0.65 8.30 10.0 ASBNb3 7.48 -1.48 8.50 6.4 KZIKb3 7.00 +1.44 8.70 8.9 CCBNb6 6.99 -0.01 9.00 9.6 CCBNb4 6.94 0 9.00 6.3 CCBNb3 6.80 0 12.80 5.0 KKGBb4 6.70 0 7.50 9.8 HSBKb8 6.62 -1.08 7.50 9.9 BTASb3 6.50 0 9.40 8.5 HSBKb4 6.50 0 8.90 5.1 BTAIb2 6.30 0 9.00 9.4 BTAIb3 6.10 -2.40 8.50 6.6 KARMb2 5.30 0 9.70 3.6 KZIKb7 5.25 -1.50 6.90 6.4 KZIKb2 4.50 -2.00 9.50 8.4 KZIKb4 4.50 0 8.20 8.9 KZIKb6 4.25 -2.38 8.09 5.9 KZIKb5 4.20 -2.50 8.09 3.9 KZIKb1 3.98 -0.95 12.25 0.5 --------------- ----- ----- --------- ---------- Instruments indexed on devaluation of tenge to US dollar ---------------------------------------------------- ALKSb2 18.99 +4.85 10.00 1.2 TEBNb2 17.55 -0.08 11.00 3.3 BTASb1 11.00 +1.45 12.00 3.7 ORDBb1 11.00 0 11.00 0.2 KKGBb2 10.04 -0.09 8.00 4.5 VTBNb1 9.50 0 9.50 1.3 BTASb2 9.50 0 9.00 4.9 ASBNb1 9.50 0 9.00 4.6 TEBNb 9.00 0 9.50 0.2 HSBKb 8.75 -1.15 11.80 2.1 ARU060.003 8.70 0 8.60 1.3 HSBKb2 8.59 -0.61 8.00 2.0 NRBNb2 8.50 0 9.00 6.1 ATFBb2 8.20 -0.60 9.00 1.6 CCBNb1 7.81 -0.45 12.00 0.6 ART060.004 7.50 0 8.50 3.0 AST048.006 7.00 0 8.50 2.1 AST048.005 6.80 0 8.50 1.4 AST036.004 6.50 0 8.31 0.4 KZAPb1 6.50 0 8.50 1.9 BRKZb1 6.10 0 8.50 1.7 VKU036.002 5.50 0 8.50 0.2 --------------- ----- ----- --------- ---------- Instruments indexed on devaluation of tenge to US dollar with protection from strengthening of tenge against dollar ---------------------------------------------------- ROSAb1 9.50 0 11.00 1.9 KZNHb2 9.00 0 10.00 4.7 CSBNb3 8.90 0 8.75 5.5 CHFMb1 8.50 0 10.00 1.7 RGBRb3 8.50 +0.50 10.00 2.7 ASBNb2 8.50 -0.94 8.50 1.4 TEBNb3 8.40 0 9.00 7.4 CSBNb2 8.10 0 9.50 5.0 KZPSb1 8.04 +0.08 8.00 3.0 ASFIb3 8.00 0 7.00 3.5 MREKb1 8.00 0 13.00 1.9 KZTCb1 7.50 -0.56 8.00 5.2 CCBNb2 6.97 -0.01 10.00 3.9 --------------- ----- ----- --------- ---------- Non-indexed instruments denominated in foreign currency ---------------------------------------------------- KKGBe5 7.48 0 7.875 8.9 KKGBe4 7.48 0 8.500 7.9 BTASe3 7.34 +0.12 7.875 5.0 PKKRe1 7.33 -0.01 9.625 4.7 KKGBe6 6.47 -0.01 7.000 4.5 RU_01_2806 6.47 -0.05 12.75 23.1 RU_02_3003 6.37 +0.01 5.000 24.9 KKGBe2 6.00 0 11.000 2.6 HSBKe1 5.50 0 8.125 4.4 BRKZe2 5.48 +0.13 7.375 8.5 KZTOe1 5.41 +2.06 8.500 1.1 BTASe2 5.15 -0.04 10.000 2.0 KKGBe3 4.72 -0.05 10.125 2.0 IFO bonds 3.90 -0.14 4.38-5.50 7.4-8.6 BRKZe1 3.77 +0.15 7.125 2.4 ---------------------------------------------------- Yields of bonds in which deals were made are calculated as average of the deals. Yields of other bonds are calculated as average of sale quotations. On bonds with floating coupon forecasted yield is given. Term of instrument is shown with regard to the last date of the analyzed period (for bonds - till maturity, for repo instruments - till repo closing date). Rate of tenge devaluation against dollar is estimated at weighted average rate of the main session of KASE for the analyzed period at 61.5% APR. The yields shown here do not incorporate overhead expenses that are inevitable when conducting operations and fixing profits. Securities marked by an asterisk are the instruments with less than a year circulation term. Weighted average effective yields are given for them. [2005-05-26]