/KASE, February 26, 14/ – Kazakhstan Stock Exchange (KASE) Committee on Indices
and Securities valuation as of February 26, 2014 removed from the representative
list of indices KASE_BY, KASE_BP and KASE_BC bonds KZPC2Y07B596 (KZ000A0TZZF1,
KASE official list, Rated Debt Securities category, ATFBb6; KZT100, KZT13.0 bn;
February 26, 2007 – February 26, 2014; semi-annual coupon indexed at
inflation rate, 7.00 % p.a. for the final coupon period; 30/360) of ATFBank
(Almaty) due to circulation term expiry.
From February 26, 2014, when calculating the index KASE_BP KASE will use the
adjustment coefficient (К), equal to 1.0044069, when calculating KASE_BC –
1.0056658, KASE_BY – 1.6814316. Before the mentioned date (К) for KASE_BP
equaled to 1.0027020, KASE_BC – 1.0017072 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 February 26, 2014 "Bonds KZPC2Y07B596
(KZ000A0TZZF1, ATFBb6) of ATFBank (Kazakhstan) removed from KASE official list
due to circulation term expiry" on KASE website at
http://www.kase.kz/en/news/show/1214251
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
[2014-02-26]