/KASE, December 31, 13/ – Kazakhstan Stock Exchange (KASE) Committee on Indices
and Securities valuation as of December 31, 2013 removed from the representative
list of indices KASE_BY, KASE_BP and KASE_BC bonds KZ2C0Y05D281
(KZ2C00000933, KASE official list, first sub-category of Non-Rated Debt Securities
category, LOGCb2; KZT1, KZT1.7 bn; December 31, 2008 – December 31, 2013;
semi-annual coupon 11.00 % p.a.; 30/360) of LOGYCOM (Almaty) due to circulation
term expiry.
From December 31, 2013, when calculating the index KASE_BP KASE will use the
adjustment coefficient (К), equal to 1.0002720, when calculating KASE_BC –
1.0017072, KASE_BY – 1.6820610. Before the mentioned date (К) for KASE_BP
equaled to 1.0002769, KASE_BC – 1.0017085 and 1.6820610 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 KASE news item of December 31, 2013 "Bonds KZ2C0Y05D281
(KZ2C00000933, LOGCb2) of LOGYCOM (Kazakhstan) removed from KASE official list
due to circulation term expiry" on KASE website at
http://www.kase.kz/en/news/show/1209977
The methodology of calculation of indices is regulated by the KASE internal
document "Methodology of Calculation of Stock Market Indicators", available at
http://www.kase.kz/files/normative_base/indicators_met_eng.pdf
[2013-12-31]