Kazakhstan Weekly
Financial Markets
Monday January 24, 2000
Currency Rates
(Note: The National Bank sets the official rate twice a week)
|
Currency |
ForEx market rate 24.01.00 |
National Bank rate* |
|
|
Tuesday |
Friday |
||
|
KZT/USD |
139.45 |
139.50 |
139.50 |
|
KZT/DM |
No transactions |
73.50 |
75.18 |
|
KZT/EUR |
No transactions |
143.75 |
147.03 |
Fixed Income
Primary Auctions
On 6 November, the Finance Ministry and the National Bank conducted the 25th auction of dollar-denominated 6-month T-bills. The Finance Ministry raised USD 2.6 million falling short of its target of USD 3.0 million. However, it kept the average yield unchanged.
Latest issues of 6-month $-denominated T-bills
|
Issue |
Maturity |
Average Price, USD |
Volume, USD mln |
Average Yield (%) |
Compound Yield (%) |
|
024 |
30.05.00 |
95.35 |
5.2 |
9.75 |
9.99 |
|
025 |
08.06.00 |
95.35 |
2.6 |
9.75 |
9.99 |
Overall, during the week which ended on 10 November the Finance Ministry raised KZT 2,317.7 million. (IRBIS)
Equities
In the period between 13 and 19 January 2000 shares in only 1 company were traded on the Kazakhstan Stock Exchange (KASE), namely Kazakhtelecom (KZTKp, Listing B). The volume of two transactions on this equity was USD 821,100. (KASE, Panorama)
Kazakhstan Weekly
Financial Markets
Monday February 7, 2000
Equities
In the period between 27 January and 2 February 2000 the Kazakhstan Stock Exchange (KASE) registered 11 transactions with a total volume of USD 3,816,900. The largest transaction was made with the shares of Voskhod (VOCH, non-listed) at USD 2.5 million or 68.1% of KASE’s weekly volume. Other equities traded were the common and preferred shares of Kazakhmys (KZMS, KZMSp), Mangistau-MunaiGas (MMGZp), Neftekhimbank (NFCH). See the following table for details. (KASE, Panorama)
|
Company |
Count |
Number of Shares Sold |
Closing Price US$ |
Volume US$ |
|
ASFI |
2 |
100,000 |
7.17 |
n/a |
|
KZMS |
2 |
707 |
12.70 |
n/a |
|
KZMSp |
3 |
1,795 |
5.74 |
n/a |
|
MMGZp |
2 |
15,200 |
3.50 |
n/a |
|
NFCH |
1 |
29,730 |
14.35 |
n/a |
|
VOCH |
1 |
36,738 |
70.77 |
2,599,900 |
Currency Rates
| Currency | ForEx market rate 07.02.00 | National Bank rate | |
| Feb 2-4 | Feb 5-8 | ||
| KZT/USD | 139.58 | 139.40 | 139.45 |
| KZT/DM | No transactions | 71.58 | 71.56 |
| KZT/EUR | No transactions | 140.00 | 139.95 |