Investment attractiveness of debt instruments on KASE within May 11 - 17 of 2006
18.05.06 13:16
/IRBIS, Aslan Juassov, May 18, 06/ - Following is the table that allows to
compare investment attractiveness of debt financial instruments, which were
regularly traded or quoted on Kazakhstan stock exchange (KASE) within
May 11-17 of 2006. Trends are given relative to previous week. Instruments
are given in descending order within the groups, based upon their
attractiveness.
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Yield, % APR
Financial ------------ Coupon, Duration,
instrument value trend % APR years
------------- ----- ----- --------- ---------
Non-indexed instruments denominated in tenge
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UKPFb1 10.21 -0.29 14.00 1.3
TEBNb4 10.01 +0.01 8.00 9.2
TSBNb2 9.64 -0.07 9.00 6.2
VTSKb2 9.55 +1.55 10.00 5.5
VTTHb1 9.53 +1.60 10.00 6.5
TSBNb3 9.50 +0.41 8.00 2.7
VTZLb1 9.48 +2.17 10.00 7.5
KASSb1 9.00 0 9.00 4.8
KRZHb1 9.00 0 14.00 4.6
ATFBb4 8.29 +1.99 8.50 8.5
CSBNb6 8.26 -0.25 8.50 9.0
MREKb2 8.22 +0.01 13.00 4.3
ASFIb9 8.10 - 8.00 15.0
PRKRb2 8.00 +0.04 8.00 6.8
TXBNb2 8.00 0 11.00 4.1
TEBNb5 7.98 -0.01 9.75 2.6
NRBNb4 7.96 -0.32 8.00 2.6
HSBKb9 7.75 +1.75 7.50 9.1
HSBKb3 7.71 -1.09 9.00 3.1
ULBAb1 7.50 0 8.25 2.6
PRKRb1 7.49 +0.49 8.00 3.0
HSBKb7 7.25 +0.25 7.50 8.6
ASBNb4 7.00 0 7.00 1.9
KKGBb3 7.00 +0.76 7.00 0.7
CS_repo 6.83 +0.43 - 0.003-0.6
BTAIb1 6.51 0 10.00 4.6
ASBNb5 6.50 0 7.00 2.3
BTASb5 6.50 0 7.00 9.6
ATFBb3 6.10 0 8.50 2.6
ASFIb8 6.10 - 6.00 5.0
ZIG_b1 6.08 -0.02 8.50 0.4
CCBNb5 6.00 0 8.50 1.4
EUBNb1 6.00 0 6.50 2.5
KZIKb11 6.00 0 6.90 8.9
EUBNb2 6.00 +0.50 6.00 5.6
TXBNb1 6.00 0 15.00 0.3
CCBNb12 5.80 0 9.00 4.6
HSBKb5 5.50 0 5.00 1.0
МЕОКАМ 3.19 +0.17 3.50-8.29 0.334-7.8
UKTCb1 3.00 0 9.00 0.4
МЕККАМ, notes 2.54 -0.40 - 0.006-0.1
KZIKb13 2.39 -0.11 - 0.01
GS_repo 0.59 +0.01 - 0.003-0.1
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Instruments indexed on inflation
-------------------------------------------------
KIBNb1 11.25 +1.75 9.50 6.6
VTBNb3 10.48 +0.67 9.00 4.1
ASFIb5 10.01 +1.01 9.90 3.7
KATRb1 10.00 -2.60 14.00 2.1
ASFIb4 10.00 +2.48 10.40 5.0
ASFIb7 9.78 +0.23 9.00 9.1
ORNKb1 9.50 0 10.00 4.4
TSSMb1 9.12 +0.07 10.00 5.0
KKAGb1 9.00 0 10.00 3.8
US_JPM_e1 7.48 -1.51 9.05 9.8
KZALb1 8.85 0 9.90 3.1
VITAb4 8.80 0 9.45 3.9
TXBNb3 8.80 0 10.70 5.5
VTBNb4 8.50 0 9.50 6.1
NFBNb1 8.50 -1.50 9.00 6.4
VTBNb2 8.40 0 9.90 3.6
BTAIb8 8.34 +1.84 8.20 7.3
CSBNb4 8.30 0 9.00 5.1
CSBNb5 8.30 0 8.50 5.7
ASBNb3 8.23 -0.72 10.90 5.5
BTAIb4 8.09 -0.07 10.90 4.0
HSBKb8 8.06 +1.27 9.40 8.9
GLOTb1 8.00 -1.70 11.70 1.9
TEBNb6 7.99 -0.01 9.90 6.6
KZASb2 7.90 -1.00 9.90 3.1
TSBNb1 7.89 -1.61 10.90 1.0
BTAIb6 7.75 0 9.50 4.1
NRBNb3 7.75 0 8.30 1.1
ASFIb6 7.50 0 9.00 6.1
BTAIb7 7.50 0 8.60 6.2
CCBNb13 7.30 - 9.00 9.9
CCBNb7 7.23 -0.39 7.00 9.0
CCBNb10 7.14 +0.94 8.50 9.4
BTLZb1 7.10 0 9.00 2.6
CCBNb3 7.00 0 13.50 4.1
HSBKb4 7.00 0 9.60 4.1
CCBNb11 6.94 +0.94 9.00 9.6
BTAIb5 6.90 -0.05 9.90 9.0
KZIKb12 6.80 +0.80 7.50 10.9
CCBNb8 6.60 0 8.50 9.3
BTASb4 6.57 -1.91 9.90 8.1
BTAIb9 6.50 0 8.50 9.8
BTAIb2 6.50 0 10.20 8.4
CCBNb6 6.50 0 9.40 8.6
BTASb3 6.31 -1.49 10.70 7.5
BTAIb3 6.30 0 8.50 5.6
ATFBb5 6.25 -1.73 8.50 6.0
KZIKb4 6.17 +0.17 9.40 7.9
KZIKb2 6.00 0 10.70 7.4
HSBKb11 6.00 0 7.75 9.9
CCBNb4 6.00 0 10.00 5.4
KKGBb4 6.00 0 7.50 8.9
KKGBb5 6.00 0 7.50 9.3
CCBNb9 6.00 0 7.50 9.3
KZIKb3 6.00 0 9.90 7.9
HSBKb10 5.80 0 6.10 9.5
KARMb2 5.50 0 9.90 2.6
KZIKb6 5.20 0 9.29 4.9
KZIKb5 5.00 0 9.29 2.9
KZIKb7 5.00 0 9.00 5.4
KZIKb10 4.50 0 5.69 3.8
KZIKb9 4.00 0 4.90 1.8
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Instruments indexed on devaluation of tenge
to US dollar
-------------------------------------------------
ALKSb2 15.60 -0.85 10.00 0.2
TEBNb2 15.54 +1.04 11.00 2.3
VTBNb1 9.50 0 9.00 0.4
BTASb2 9.50 0 9.00 4.0
NRBNb2 9.30 0 9.00 5.1
BTASb1 9.22 +0.26 12.00 2.8
ASBNb1 9.00 +0.67 9.00 3.6
HSBKb 8.55 +1.05 11.80 1.1
ATFBb2 8.00 +0.04 9.00 0.6
AST048.006 7.80 0 8.50 1.1
HSBKb2 7.50 0 8.00 1.0
KKGBb2 7.25 0 8.00 3.6
BRKZb1 6.60 -0.36 8.50 0.8
ART060.004 6.50 0 8.50 2.0
KZAPb1 6.50 0 8.50 0.9
AST048.005 5.99 -0.38 8.50 0.4
ARU060.003 4.00 0 8.60 0.4
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Instruments indexed on devaluation of tenge
to US dollar with protection from strengthening
of tenge to dollar
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KZNHb2 10.50 0 10.00 3.8
ROSAb1 9.00 0 9.00 4.6
PDESb1 8.50 0 8.75 4.6
CSBNb3 8.10 0 9.50 4.0
CSBNb2 8.00 0 9.00 6.4
ASFIb3 8.00 -2.00 11.00 0.9
TEBNb3 7.50 0 10.00 1.7
RGBRb3 7.50 0 8.50 0.5
ASBNb2 7.50 0 13.00 0.9
MREKb1 7.44 -0.56 7.00 2.5
CCBNb2 7.00 0 10.00 2.9
CHFMb1 7.00 0 10.00 0.7
KZTCb1 6.80 0 8.00 4.2
KZPSb1 6.70 0 8.00 2.0
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Instruments indexed on devaluation of tenge
against US dollar and inflation rate
-------------------------------------------------
US_MER_e1 8.69 +0.03 9.05 14.7
JGOKb2 7.00 0 8.00 7.0
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Non-indexed instruments denominated in foreign
currency
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BTASe3 6.99 -0.02 7.88 4.1
KKGBe5 6.88 0 7.88 7.9
RU_02_3003 6.67 +0.06 5.00 24.0
KKGBe4 6.50 0 8.50 6.9
RU_01_2806 6.44 +0.10 12.75 22.1
BRKZe4 6.39 +0.01 6.00 19.9
ATFBe4 6.25 0 8.13 4.5
BRKZe3 6.16 +0.03 6.50 14.1
KKGBe2 6.00 0 11.00 1.6
BRKZe2 5.79 -0.03 7.38 7.5
KKGBe6 5.71 -0.01 7.00 3.5
ATFBe1 5.50 0 8.50 1.0
ATFBe2 5.50 0 8.88 3.5
HSBKe1 5.50 0 8.13 3.4
Euronotes-7 5.00 - 11.13 1.0
MFO bonds 4.97 +0.08 4.38-5.50 6.3-7.5
BTASe2 4.80 -0.30 10.00 1.0
BRKZe1 4.74 -0.15 7.13 1.4
KKGBe3 4.00 0 10.13 1.0
KZTOe1 0.48 +0.11 8.50 0.1
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Yields of bonds on which deals were made are calculated as average of the
deals. On bonds with floating coupon forecasted yield is given, calculated by
current coupon value. Term of instrument is shown with regard to the last
date of the analyzed period (for bonds - till maturity, for repo
instruments - till repo closing date).
Rate of tenge strengthening to dollar is estimated at weighted average rate
of the main session of KASE for the analyzed period at 11.4% APR.
The yields shown here do not incorporate overhead expenses that are
inevitable when conducting operations and fixing profits. Securities marked
by an asterisk are the instruments with less than a year circulation term.
Weighted average effective yields are given for them.
[2006-05-18]