OREANDA-NEWS. March 23, 2010. As of 01.03.2010, 48 interest yield GLTB issues (including 5 bond issues with the par value of BYR 1,000,000.00 and 43 bond issue for the par value of BYR 100,000.00), 4 discount yield GLTB issues (par value is BYR 100,000.00 for a bond) have been admitted to the BCSE circulation. 

In February 2010, there were 1 047 government securities transactions totaling to BYR 1 593.58 bn or 15 931 131 bonds (there were 1 119 transactions totaling to BYR 1 872.53 bn or 19 886 257 bonds in February 2009).

In February 2010, the “before redemption” transactions average weighted yield regarding DGLTB was 11.30 % per year, regarding IGLTB was 23.19% per year. An average REPO rate, regardless REPO period, regarding DGLTB was 15.72% per year, regarding IGLTB was 17.31% per year.

As of 01.03.2010, 28 banks and 15 non-banks securities market professional participants were admitted to the government securities secondary trades. Belarusbank became the operation volume leader, and Bank Moscow-Minsk – the leader by number of transactions in the secondary government securities market

The primary corporate bond market (Local Loans Bonds (LLB) exclusive)

As of 01.03.2010, 15 bond issues of 7 issuers were admitted to the exchange distribution. There was no bond distribution at the BCSE in a “simple auction” mode in February 2010. The following Issuers distributed their own bond issues in a “forward transaction” mode: Bank VTB (Belarus) (issue No.4, No.5); Belarusbank (issues No.56 (ETB), No.57 (ETB); Belagroprombank (issues No.57 (ETB); Belinvestbank (issue No.25 (ETB); Belarusian Industrial Bank (issue No.4); BPS-Bank (issue No.28); Paritetbank (issue No.5). Seven issues are exchange-traded bonds (ETB) of such Issuers as Savings bank Belarusbank, Belagroprombank and ASB Leasing.

These operations resulted in 25 transactions in bonds of 7 Issuers totaling to BYR 114.42 bn or 535 394 bonds. The average weighted yield was 17.46 % per year. (In February 2009, there were 4 primary distributions of corporate bonds totaling to BYR 31.57 bn or 310 000 bonds.

As of 01.032.2010, 25 banks and 38 non-bank securities market professional participants were admitted to the participation in the bonds distribution purchase.

The secondary corporate bond market (LLB exclusive)

As of 01.03.2010, 93 bond issues of 25 Issuers were admitted to the exchange circulation, including 57 bond issues of 9 banks which were admitted to the First Level Quotation List A and 36 bond issues of 16 Issuers were admitted to the Out-of List circulation.

In February 2010, there were 87 corporate bond transactions in the exchange trade system totaling to BYR 104.21 bn or 598 921 bonds, including 86 transactions settled in Belarusian rouble totaling to BYR 102.74 bn, one transaction settled in US dollar totaling to USD 0.5 m or 50 bonds. There were 38 bonds transactions totaling to BYR 185.67 bn or 957 699 bonds in February 2009.

In February 2010, S-T+0 and S-T+n transactions average weighted yield reached 17.25 % per year. The average weighted rate of S-REPO bonds transactions was 19.26 % per year.

As of 01.03.2010, 25 banks and 38 non-bank securities market professional participants were admitted to trades.

In February 2010, Belarusbank became the operation volume leader, and MTBank was the leader by number of transactions in the secondary corporate bond market.

The secondary LLB market

As of 01.03.2010, 66 bond issues of 41 Issuers were admitted to the Out-of List circulation. In February 2010, there were 3 transactions totaling to BYR 87.93 bn or 26 701 bonds of executive-administrative authorities bonds.   The average weighted yield of the S-T+0 and S-T+n transactions was 4.62 % per year. There was no LLB transaction in February, 2009.

The secondary equity market

As of 01.03.2010, 1 804 issues of 1 738 Issuers were admitted to the exchange circulation, including 2 issues of one Issuer which were admitted to the First Level Quotation List A, 22 issues of 21 Issuers were admitted to the Second Level Quotation List A, 50 issues of 50 Issuers were admitted to the Quotation List B and 1 730 issues of    1 666 issuers were admitted to the Out-of List circulation.

In February 2010, there were 381 equity transactions in the exchange trade system totaling to BYR 4.01 bn or 2 493 170 equities, including 380 transactions settled in Belarusian rouble totaling to BYR 3.95 bn and one transaction settled in Russian rouble totaling to RUB 0.66 m or 15 000 equities. In February 2009, there were 815 equity transactions totaling to BYR 3.56 bn or 1 545 906 equities.

As of 01.03.2010, 25 banks and 38 non-bank securities market professional participants were admitted to the equities secondary trades. In February 2010, Belvnesheconombank became the leader both by operation volume and by number of transactions in the secondary equity market.

Summary totals

As of  01.03.2010, the number of admitted to the exchange circulation issuers totaled 2 015 securities issues. 

In February 2010, there were 1 543 purchase and sale securities transactions totaling to BYR 1 904.15 bn or 19 585 317 securities. In February 2009, there were 1 976 purchase and sale securities transactions totaling to BYR 2 093.32 bn or 22 699 862 securities.