2000-01-24 Kazak Financial Markets
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)