BCSE Released Stock Market Results in May 2010

OREANDA-NEWS. June 16, 2010. The secondary government securities market[1]

As of 01.06.2010, 47 interest yield GLTB[2] issues (including 5 bond issues with the par value of BYR 1000000.00 and 42 bond issues for the par value of BYR 100000.00 per bond), 2 discount yield GLTB issues (par value is BYR 100 000.00 per bond) have been admitted to the BCSE circulation.  

In May 2010, there were 1 129 government securities transactions totaling BYR 1 587.25 billion or 14 853 662 bonds (there were 1 406 transactions totaling BYR 3 905.44 billion, or 39 937 429 bonds in May 2009).

In May 2010, the “before redemption” transactions average weighted yield regarding DGLTB[3] was 15.76 % per year, regarding IGLTB[4] was 12.79 % per year. An average REPO rate, regardless REPO period, regarding DGLTB was 10.41 % per year, regarding IGLTB was 10.39 % per year.

As of 01.06.2010, 27 banks and 14 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 in May 2010.

The secondary short-term bonds of the National Bank market

As of 01.06.2010, 3 STB issues were admitted to the exchange distribution.

There was no transaction in STB concluded in the BCSE trade system neither in May 2010 nor in May 2009.

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

As of 01.06.2010, 21 bond issues of 12 issuers were admitted to the exchange distribution.

In May 2010, MTBank distributed its own bond issues (issues No.6) in a “simple auction” mode.

The following Issuers distributed their own bond issues in a “forward transaction” mode: Alfa-Bank (issue No.4); Belagroprombank (issues No.57 (ETB), 61 (ETB); Belarusian Industrial Bank (issue No.6); Credexbank (issue No.4). These operations resulted in 5 transactions in bonds of 2 issuers amounting to BYR 35.82 billion or 106 256 bonds. The average weighted yield was 14.73 % per year. (In May 2009, there were 14 primary distributions of corporate bonds totaling BYR 27.59 billion, or 25 869 bonds).

As of 01.06.2010, 24 banks and 35 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 01.06.2010, 106 bond issues of 28 issuers were admitted to the exchange circulation, including 56 bond issues of 9 banks which were admitted to the First Level Quotation List A and 40 bond issues of 16 issuers were admitted to the out-of-list circulation.

In May 2010, there were 119 corporate bond transactions[5] in the exchange trade system amounting to BYR 538.74 billion or 848 902 bonds, including 117 transactions settled in Belarusian rubles amounting to BYR 535.21 billion, 2 transactions settled in US dollars amounting to USD 1.18 million, or 1 159 bonds. There were 43 bond transactions amounting to BYR 183.07 billion, or 206 333 bonds in May 2009.

In May 2010, S-T+0 and S-T+n transactions weighted average yield reached 13.55 % per year. The average weighted rate of S-REPO bonds transactions was 11.37 % per year.

As of 01.06.2010, 24 banks and 35 non-bank professional participants were admitted to trading in the securities market. Belarusbank became the operation volume leader and MTBank was the leader in terms of the total number of transactions in the secondary corporate bond market.

The secondary LLB market

As of 01.06.2010, 95 bond issues of 52 local executive and administrative authorities were admitted to the out-of-list circulation. In May 2010, there were 11 transactions in local government bonds totaling BYR 144.21 billion, or 44 208 bonds. The average weighted yield of the S-T+0 and S-T+n transactions was 13.47 % per year, the average weighted rate of S-REPO bonds transactions was 12.20 % per year. There was no LLB transaction in May 2009. Belagroprombank was the leader in the local bonds secondary market in terms of both total amount and number of transactions.

The secondary equity market

As 01.06.2010, 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 May 2010, there were 1 133 equity transactions^[6] in the exchange trade system amounting to BYR 11.47 billion, or 8 074 525 equities, including 1 126 transactions settled in Belarusian rubles amounting to BYR 10.26 billion; 5 transactions settled in US dollars amounting to USD 42.37 thousand, or 124 292 equities; one transaction settled in euro amounting to EUR 274.19 thousand, or 435 217 equities; and one transaction settled in Russian rubles amounting to RUB 104.88 thousand, or 6 992 equities. In May  2009, there were 409 equity transactions amounting to BYR 5.19 billion, or 17 560 672 equities.

As of 01.06.2010, 24 banks and 35 non-bank securities market professional participants were admitted to the equities secondary trades.

In May 2010, Belvnesheconombank became the leader in the secondary equity market in terms of the total amount and number of transactions.

Summary totals

As of 01.06.2010, the number of admitted to the exchange circulation issuers totaled 2 057 securities issues.  

In May 2010, there were 2 397 purchase and sale securities transactions amounting to BYR 2 317.49 billion, or 23 927 553 securities. In May 2009, there were 1 872 purchase and sale securities transactions amounting to BYR 4 121.25 billion, or 57 730 303 securities.