2000-01-17 Kazak Financial Markets
Kazakhstan Weekly
Financial Markets
Monday January 17, 2000
Currency Rates
(Note: The National Bank sets the official rate twice a week)
| Currency |
ForEx market rate 10.01.00 |
National Bank rate* |
|
|
Tuesday |
Friday |
||
|
KZT/USD |
139.36 |
138.95 |
139.40 |
|
KZT/DM |
No transactions |
74.60 |
75.18 |
|
KZT/EUR |
No transactions |
145.91 |
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 $-denominated T-bills
|
Issue |
Maturity |
Average Price, USD |
Volume, USD mln |
Average Yield (%) |
Compound Yield(%) |
|
024 |
30.05.00 |
95.35 |
5.2 |
9.75 |
9.99 |
|
025 |
08.06.00 |
95.35 |
2.6 |
9.75 |
9.99 |
Overall, during the week which ended on 10 November the Finance Ministry raised KZT 2,317.7 million. (IRBIS)
Equities
In the period between 6 and 12 January 2000 shares of 6 equities were traded on the Kazakhstan Stock Exchange (KASE), namely Bank Turan Alem (BTAS); Halyk Savings Bank of Kazakhstan (HSBK, Listing A); Kazakhtelecom (KZTKp, Listing B); Temirbank (TEBN); MangystauMunaiGas (MMGZp) and AktobeMumaiGas (AMGZp). The total volume of trade was USD 190,200. The largest trade volume was registered with HSBK shares. (KASE, Panorama)
|
Company |
Count |
Closing Price US$ |
Volume US$ |
|
BTAS |
1 |
72.41 |
300 |
|
HSBK |
2 |
2.00 |
75,056 |
|
KZTKp |
1 |
3.00 |
2,000 |
|
TEBN |
1 |
7.22 |
100 |
|
MMGZp |
1 |
3.50 |
2,000 |
|
AMGZp |
1 |
2.00 |
2,300 |