/KASE, July 26, 10/ - Kazakhstan Stock Exchange (KASE) Risk Committee removed from July 26, 2010 from the KASE representative list KASE_BY, KASE_BP and KASE_BC indices indexed at KZT to USD devaluation rate bonds KZ2CKY07A834 (KASE official list Non-rated Debt Securities first subcategory, KZTCb1; KZT1, KZT3.0 bn; July 25, 03 - July 25, 10; the semi- annual coupon 8.00 % APR) of KazTransCom (Almaty) due to circulation term expiry.

From July 26, 2010, when calculating the index KASE_BP KASE will be used the adjustment coefficient (К), equal to 0.9999037, when calculating KASE_BC - 0.9997909, KASE_BY - 1. 0204010. Before the mentioned date (К) for KASE_BP equaled 0.9998847, KASE_BC - 0.9997892 and 1. 0200321 for KASE_BY accordingly.

KASE_BY - corporate bond yield index.

KASE_BC - corporate bond price index calculated according to the prices without account to accrued (accrued, not paid) interest thereon (by "net" prices).

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

All indicated indices are calculated by KASE once a day according to results of trades in corporate bonds.

Unit weight of each denomination of bond in value of indicators is limited to fifteen percent. At that, only volume of outstanding and not redeemed bonds in accordance with documents available at KASE shall be accounted. The limitation is made through the restrictive coefficient.

The methodology of calculation of indices is regulated by the KASE internal document "Methodology of Calculation of Stock Market Indicators", available at: see more

[2010-07-26]