ANALYSIS: In July of 2005 volume of GS purchase and sale deals on KASE fell by 29.0% to KZT41.8 bn.
/IRBIS, Ranida Gabdeyeva, August 5, 05/ - In July of 2005 on Kazakhstan stock exchange (KASE) 161 deals were made in government securities (GS) purchase and sale sector for a total of KZT41,835.2 m. (equivalent of $308.5 m.) or 4.3% of total exchange's turnover of the month (in June - 4.8%).
In comparison with June of 2005 the sector's turnover has decreased by 29.0% in tenge and by 29.7% in dollar terms. Relative to July of 2004 the turnover has decreased by 0.4% in tenge and by 0.5% in dollar terms.
Statistical indicators of sale-purchase sector in June and turnover's structure are given in the table (in parentheses - comparable figures of the previous month).
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Yield to maturity for the buyer, %APR
Days ------------------------------------- Volume, m KZT Number
till maturity min max last WA at market price of deals
------------- ------ ------- ------ --------------- ------------------- ---------
Discounted GS (KZT): MEKKAM, National Bank's notes - 89.0% (93.2%) of the market
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less than 8 1.00 4.11 1.00 1.81 (1.58) 4,386.3 19
8 - 14 0.70 2.10 1.85 1.88 (2.02) 6,339.7 22
15 - 28 1.50 2.86 1.91 2.14 (2.29) 17,648.9 38
29 - 36 2.15 3.00 3.00 2.18 (2.80) 579.6 6
43 - 56 2.20 2.51 2.30 2.31 (2.70) 2,669.0 10
57 - 63 2.20 2.20 2.20 2.20 (2.66) 36.9 1
64 - 91 2.38 2.40 2.40 2.39 (2.45) 244.9 2
182 - 364 2.30 2.81 2.30 2.52 (2.62) 5,332.1 32
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Total 37,237.3 (33,115.9) 130 (162)
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Coupon GS (KZT): MEOKAM - 11.0% (6.8%) of the market
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less than 730 0.71 2.91 2.91 2.33 (2.70) 1,180.5 5
731 - 1095 3.10 4.00 3.10 3.42 (3.20) 975.4 4
1096 - 1460 4.00 4.00 4.00 4.00 (3.90) 324.0 2
1461 - 1825 2.73 7.50 2.73 4.05 (4.38) 1,053.2 9
1826 - 2190 4.50 4.50 4.50 4.50 ( -) 386.2 3
over 2191 4.05 4.41 4.05 4.22 (4.05) 673.9 4
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Total 4,593.1 (2,789.7) 27 (25)
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Coupon GS (USD): bonds of Atyrau and East-Kazakhstan oblasts - 0.01% ( -)
of purchase-sale sector's turnover
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less than 730 3.00 10.17 3.00 6.58 ( -) 4.9 4
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Total 4.9 ( -) 4 ( -)
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GRANDTOTAL 41,835.2 (40,905.6) 161 (187)
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In July of 2005 stake of the exchange's turnover in total volume of purchase and sale deals made of Kazakhstan secondary GS market grew to 76.6%. In June it was 75.8%.
[2005-08-05]