/KASE, April 3, 14/ – Kazakhstan Stock Exchange (KASE) Committee on Indices
and Securities Valuation removed from April 3, 2013 the following bonds from
the representative list of indices KASE_BY, KASE_BP and KASE_BC bonds
KZP05Y07C112 (KZ2C00000859, KASE official list Non-rated Debt Securities
second subcategory, BTAIb14; KZT100, KZT10.0 bn; April 3, 07 – April 3, 14;
semi-annual coupon indexed at inflation rate, 5.90 % APR for the reporting
coupon period; 30/360) of BTA Bank Subsidiary BTA Ipoteka (Almaty) due to
their circulation term expiry.
From April 3, 2014, when calculating the index KASE_BP KASE will use the
adjustment coefficient (К), equal to 0.9938179, when calculating KASE_BC –
0.9925303, KASE_BY – 1.6814376. Before the mentioned date (К) for
KASE_BP equaled to 0.9938176, KASE_BC – 0.9925292 and 1.6814367 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 April 3, 2014 "Bonds KZP05Y07C112
(KZ2C00000859, BTAIb14) of Subsidiary organization of BTA Bank joint-stock
company BTA Ipoteka (Kazakhstan) removed from KASE official list due to
circulation term expiry" -
http://www.kase.kz/en/news/show/1216150
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
[2014-04-03]