/KASE, October 10, 11/ - Kazakhstan Stock Exchange (KASE) Risk Committee has from October 10, 2011 excluded bonds KZPC1Y10C590 (KZ2C00000388, HSBKb12; KZT10,000, KZT10.0 bn; October 9, 2007 - October 9, 2011; semi-annual coupon indexed at inflation rate, 10.60 % APR in the last coupon period; 30/360) of Halyk Savings Bank of Kazakhstan (Almaty) from KASE representative list of indices KASE_BY, KASE_BP and KASE_BC due to their early repayment.

From October 10, 2011, when calculating the index KASE_BP KASE will use the adjustment coefficient (К), equal to 0.9978526, when calculating KASE_BC - 0.9985809, KASE_BY - 1.6750621. Before the mentioned date (К) for KASE_BP equaled 0.9979837, KASE_BC - 0.9987035 and 1.6750585 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, but 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 of the indicated indices are calculated by KASE once a day according to results of trades in corporate bonds.

The 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.

Earlier there was related KASE news "From October 10 bonds KZPC1Y10C590 (KZ2C00000388, HSBKb12) of Halyk Savings Bank of Kazakhstan removed from KASE official list due to early repayment", at see more

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

[2011-10-10]