/KASE, November 22, 11/ - Kazakhstan Stock Exchange (KASE) Risk Committee removed from November 22, 2011 bonds KZPC2Y05B665 (KZ2C00001113, MREKb3;
KZT1, KZT700.0 mln; November 22, 06 - November 22, 11; annual coupon 12.00 % APR, 30/360) of Mangistau Electricity Distribution Network Company (Aktau) removed from KASE official list due to circulation term expiry.

From November 22, 2011, when calculating the index KASE_BP KASE will use the adjustment coefficient (К), equal to 0.9978831, when calculating KASE_BC - 0.9985743, KASE_BY - 1.6798112. Before the mentioned date (К) for KASE_BP equaled 0.9978911, KASE_BC - 0.9985801 and 1.6798003 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.

Previously KASE published news "Bonds KZPC2Y05B665 (KZ2C00001113, MREKb3) of Mangistau Electricity Distribution Network Company (Kazakhstan) removed from KASE official list due to circulation term expiry" - 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

[2011-11-22]