/KASE, June 7, 10/ - The Rick committee of Kazakhstan Stock Exchange (KASE) removed on June 7, 2010 from representative lists of indexes KASE_BY, KASE_BP and KASE_BC the following bonds:

• indexed at devaluation of tenge to euro bonds KZPC1Y03C538 (KASE, 'buffer category', ASFIb13; KZT1, KZT42.0 bn; 07.06.07 - 07.06.10, annual coupon 7.88 % APR; 30/360) of Astana-Finance (Astana);
• subordinated bonds KZ2CKY07A750 (KASE, first subcategory of Non-rated debt securities, CCBNb3; KZT1, KZT2.0 bn; 07.06.03 - 07.06.10, semiannual coupon indexed to inflation rate, 11.80 % APR as for the last coupon period; 30/360) of Bank CenterCredit (Almaty).

The bonds were removed from a representative list of KASE_B* due to maturity.

Beginning June 7, 2010 at calculation of KASE_BP KASE will apply adjustment coefficient (К), equal to 0.9997120, at calculation of KASE_BC - 0.9994999, KASE_BY - 0.9994875. Before the date (К) for index KASE_BP was equal to 0.9993873, for KASE_BC - 0.9992564 and 0.9998905 for KASE_BY accordingly.

KASE_BY - corporate bond yield index.

KASE_BC - corporate bond price index, calculated based on prices without account of accrued (accrued, but not paid) interest thereon (on "net" prices).

KASE_BP - corporate bond price index, calculated with account to all accrued interest thereon, including that not paid.

All indexes are calculated by KASE once a day after trade in corporate bonds.

Weight of a bond is limited with fifteen percent. At that only volume of placed and unredeemed bonds according to documents available on KASE shall be taken into account. Restriction is effected through a restriction coefficient.

Earlier KASE release related news on June 7, 2010:

• "Bonds KZPC1Y03C538 (ASFIb13) of Astana-Finance (Kazakhstan) removed from KASE official list due to circulation term expiry" - see more
• "Bonds KZ2CKY07A750 (CCBNb3) of Bank CenterCredit (Kazakhstan) removed from KASE official list due to circulation term expiry" - see more

The Methodology of Index Calculation is regulated with the KASE internal document "Stock Market Indicator Calculation Methodology", available at the KASE website at see more

[2010-06-07]