/KASE, March 14, 13/ – Kazakhstan Stock Exchange (KASE) Committee on Indices and Securities valuation as of March 14, 2013 removed from the representative list of indices KASE_BY, KASE_BP and KASE_BC bonds KZPC1Y07B929 (KZ000A0TZXJ8, KASE official list, first sub-category of Non-Rated Debt Securities category, PRKRb2; KZT1,000, KZT15.0 bn; March 14, 2006 – March 14, 2013; annual coupon 8.00 % APR; 30/360) of JSC "National company "Food Contract Corporation" (Astana) due to circulation term expiry.

From March 14, 2013, when calculating the index KASE_BP KASE will use the adjustment coefficient (К), equal to 0.9871454, when calculating KASE_BC – 0.9821145, KASE_BY – 1.6132690. Before the mentioned date (К) for KASE_BP equaled to 0.9870799, KASE_BC – 0.9820374 and 1.6126816 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 a piece of KASE news of March 14, 2013 "Bonds KZPC1Y07B929 (KZ000A0TZXJ8, PRKRb2) of National company Food Contract Corporation (Kazakhstan) removed from KASE official list due to circulation term expiry" 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

[2013-03-14]