Repo on KASE: day results

/IRBIS, Natalya Kuznetsova, June 21, 05/ - Today on Kazakhstan Stock Exchange (KASE) 146 deals were concluded on the repo floors (including automatic repo sector) for a total amount of KZT33,611.2 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 8.40 2.96 3.01 16,841.01 61 Open* 7 2.50 5.60 3.66 3.74 240.00 3 Open 10 5.00 5.00 5.00 5.12 16.57 2 Open 28 7.50 7.50 7.50 7.77 60.00 1 Open 30 2.00 2.00 2.00 2.02 65.60 1 Open 92 12.00 12.00 12.00 12.48 70.00 1 --------- -------- ----- ----- ------- --------- --------- -------- Subtotal: 17,293.18 69 --------- -------- ----- ----- ------- --------- --------- -------- Close 1 1.00 8.40 2.03 2.06 15,852.89 69 Close 7 5.00 5.50 5.48 5.63 94.50 4 Close 8 2.00 4.25 3.73 3.81 130.11 2 Close 14 4.00 4.00 4.00 4.08 200.31 1 Close 28 7.50 7.50 7.50 7.77 40.24 1 --------- -------- ----- ----- ------- --------- --------- -------- Subtotal: 16,318.05 77 --------- -------- ----- ----- ------- --------- --------- -------- TOTAL: 33,611.23 146 -------------------------------------------------------------------------- By open trades method (in automatic repo sector) volume of 123 deals totaled KZT31,370.8 m. including 60 (KZT16,402.0 m.) repo opening deals and 63 repo closing deals (KZT14,968.8 m.). Indicator TONIA according to trades results totaled 2.79 and increased compared to last trading day by 0.99. Dynamics of repo rates (on repo opening deals for comparable terms). ----------------------------------------------- Term calendar Today Previous day days rate, % APR rate, % APR Trend ------------- ----------- ------------ ----- 1 2.96 1.82 +1.14 7 3.66 5.02 -1.36 10 5.00 5.02 -0.02 30 2.00 5.12 -3.12 ----------------------------------------------- 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: +36.4% (-KZT8,037.0 m.), 14 participants. Second tier banks (STB): - +KZT16,062.0 m. (borrowing 9 banks), -KZT8,677.6 m. (lending 8 banks); - in the sector of direct deals on GS net position was zero; on open trade market (autorepo sector) +KZT7,458.0 m., in CS repo sector -KZT73.6 m.; - resulting balance totaled +KZT7,384.4 m. (on previous day it was equal to +KZT5,587.6 m.). National Bank today decreased its participation stake on repo market by 78%, working for borrowing money. National bank's counterparties were pension market's subjects, STB and their clients. "Overnight" repo was used as liquidity regulation tool. [2005-06-21]