/KASE, December 12, 11/ - Kazakhstan Stock Exchange (KASE) Risk Committee from December 12, 2011 removed from the representative list of indices KASE_BY, KASE_BP and KASE_BC the following bonds:

• KZ2CKY07B360 (KZ2C00001154, EUBNb2; KZT100, KZT3.0 bn; December 10, 2004 - December 10, 2011; semi-annual coupon with floating rate, 7.50 % APR in the current, last, period; 30/360) of JSC "Eurasian Bank" (Almaty);
• KZ2C0Y05C192 (KZ2C00000958, KONDb1; KZT1,000, KZT3.0 bn, December 11, 2006 - December 11, 2011; semi-annual coupon 8.80 % APR; 30/360) of JSC "Condensate" (West Kazakhstan region)

The mentioned bonds have been removed from the representative list of KASE_B* series indices due to expiry of their circulation term.

From December 12, 2011, when calculating the index KASE_BP KASE will use the adjustment coefficient (К), equal to 1.0009586, when calculating KASE_BC - 0.9988915, KASE_BY - 1.6836043. Before the mentioned date (К) for KASE_BP equaled to 1.0009649, KASE_BC - 0.9989009 and 1.6833896 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 related pieces of KASE news, dated December 12, 2011, were published:

• "Bonds KZ2CKY07B360 (KZ2C00001154, EUBNb2) of Eurasian Bank (Kazakhstan) removed from KASE official list due to circulation term expiry" - see more
• "Bonds KZ2C0Y05C192 (KZ2C00000958, KONDb1) of Condensate (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

[2011-12-12]