/KASE, December 24, 13/ – Kazakhstan Stock Exchange (KASE) Committee on
Indices and Securities Valuation informs that from December 23, 2013 bonds
KZ2P0Y07C187 (KZ2C00000644, KASE official list Non-rated Debt Securities
first subcategory, RESCb1; KZT10, KZT12.0 bn, December 21, 06 – December
21, 13; semi-annual coupon 12.00 % APR; 30/360) of RESMI Group (Almaty)
have been removed from the representative list of indices KASE_BY, KASE_BP
and KASE_BC due to circulation term expiry.
From December 24, 2013, when calculating the index KASE_BP KASE will use
the adjustment coefficient (К), equal to 1.0002769, when calculating
KASE_BC – 1.0017085, KASE_BY – 1.6820610. Before the mentioned date (К)
for KASE_BP equaled to 1.0004163, KASE_BC – 1.0018480 and 1.6820707 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 December 23, 2013 "Bonds KZ2P0Y07C187
(KZ2C00000644, RESCb1) of RESMI Group removed from KASE official list
due to circulation term expiry" on KASE website at
http://www.kase.kz/en/news/show/1209160
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
[2013-12-24]