KIBOR

KIBOR indicators (deposit money offering average rates), KIBID (deposit borrowing average rates) and KIMEAN (average between offering and borrowing rates – indicative calcualtive indicator) illustrate rates on interbank market deposit among banks of various for Kazakhstan credit quality. KASE calculates the indicator daily in accordance with quotations, which are submitted to the exchange trading system before 16.00 Almaty time by banks, which signed a corresponding memorandum. Each quotation comprises the rate of money borrowing (KIBID) and money offering (KIBOR) on deposit, as well as volumes of money offering and borrowing. Deposits currency is Kazakhstan tenge. Minimum quotation volume is 15 m. tenge. Spread between quotations is not regulated. The basis for interest calculation on the rates between participants has not been adjusted. Standard terms of interbank deposits are 7, 14 days, 1, 2 and 3 months. Quotations are indicative, i.e. do not oblige a participant to make a deal on the mentioned terms.

Unit of measure:  % APR.
Indicator update time: every business days from 16:00 through 16:30.
Indicator life span: one business day.
Indicator trend life span:
 one business day.


KAZPRIME

Reflects average of offering rates on deposits of interbank market among banks of the best for Kazakhstan credit quality. KASE calculates the indicator daily in accordance with quotations, which are submitted to the exchange trading system from 10.00 till 11.30 Almaty time by participants of the Agreement on indicator formation. Each quotation comprises the rate of money borrowing and offering on deposit of one of the agreement participants, as well as the volumes of money offering and borrowing. Deposits currency is Kazakhstan tenge. Minimum quotation volume is 150 m. tenge. Maximum spread between quotations is 100 basis points (1.00 % APR). The basis for interest calculation on the rates is actual / 360. The standard term of interbank deposit at the moment of the project start is three months (KazPrime-3M). Participants also have a right to set quotations for different terms – “overnight”, 7 days, 1, 6, 9 and 12 months, having preliminarily agreed on the beginning of quoting deposits with such terms. Within 30 minutes after fixing KazPrime indicator participants of the Agreement must make deals by the quotations set by them, if there is a proper request of any other participant of the project.

Unit of measure: % APR.
Indicator update time: every business day from 11:30 through 12:00.
Indicator life span: 1 day.
Indiactor trend life span: 1 day.