/KASE, November 12, 13/ – Kazakhstan Stock Exchange (KASE) informs that
from November 12, 2013 from the representative list of indices KASE_BY,
KASE_BP and KASE_BC bonds KZPC1Y07C299 (KZ2C00000735, KASE official list
Non-rated Debt Securities first subcategory, EXBNb1; KZT100, KZT10.0 bn;
November 12, 06 – November 12, 13; semi-annual coupon 9.00 % APR; 30/360)
of Eximbank Kazakhstan (Almaty) have been removed from KASE official list
due to circulation term expiry.
From November 12, 2013, when calculating the index KASE_BP KASE will
use the adjustment coefficient (К), equal to 1.0004163, when calculating
KASE_BC – 1.0018480, KASE_BY – 1.6820707. Before the mentioned date (К)
for KASE_BP equaled to 1.0004578, KASE_BC – 1.0018980 and 1.6820699 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 of November 12, 2013 "Bonds
KZPC1Y07C299 (KZ2C00000735, EXBNb1) of Eximbank Kazakhstan removed
from KASE official list due to circulation term expiry" on KASE website at
http://www.kase.kz/news/show/1205936
The Methodology of Indices calculation is regulated by the KASE internal
document "Methodology of Stock Market Indicators Calculation", available at
http://www.kase.kz/files/normative_base/indicators_met_eng.pdf
[2013-11-12]