/KASE, July 7, 10/ - The Risk Committee of Kazakhstan Stock Exchange (KASE) removed from representative lists of indexes KASE_BY, KASE_BP and KASE_BC matured bonds KZ2CKY07A792 (TXBNb2; KZT1, KZT3.0 bn;
04.07.03 - 04.07.10, semiannual coupon 11.00 % APR; 30/360) of Subsidiary Bank Sberbank of Russia (Almaty) July 7, 2010.

Beginning July 7, 2010 at calculation of index KASE_BP KASE will apply adjustment coefficient (К), equal to 0.9997186, at calculation of KASE_BC - 0.9994566, KASE_BY - 1.0095144. Before the date (К) for index KASE_BP was equal to 0.9997165, for KASE_BC - 1.0095154 and 1.0095144 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 on a daily basis 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 released news on July 7, 2010 "Matured bonds KZ2CKY07A792 (TXBNb2) of Subsidiary Bank Sberbank of Russia (Kazakhstan) de-listed from KASE" at 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

[2010-07-07]