KASE removed bonds of two issues from KASE_B* series indices representative list bonds KZP05Y07C112 (KZ2C00000859, BTAIb14) of BTA Bank Subsidiary BTA Ipoteka due to their circulation term expiry

03.04.14 15:25
/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]