/KASE, April 14, 14/ – Kazakhstan Stock Exchange (KASE) notifies you that
following a decision of the Committee on Indices and Securities Valuation of
April 14, 2014 the market price of the following bonds for the period from April
14 to 20, 2014 was calculated taking into account the extension of the selection
period for purchase orders, whose parameters are used for the valuation, to 15
days preceding the market valuation date.
On bonds of Imstalcon (Almaty):
- KZP01Y07D549 (KZ2C00000412, KASE official list, first sub-category of
Non-Rated Debt Securities category, IMSKb1);
- KZP02Y07D547 (KZ2C00000446, KASE official list, first sub-category of
Non-Rated Debt Securities category, IMSKb2);
- KZP01Y07D747 (KZ2C00000420, KASE official list, Rated Debt Securities
category, IMSKb3);
on international bonds of Alliance Bank (Almaty):
- XS0496645085, XS0496645242 (KASE official list, Rated Debt Securities
category, АSBNe9);
- XS0496645671, XS0496645838 (KASE official list, Rated Debt Securities
category, АSBNe12);
- XS0496645911, XS0496646059 (KASE official list, Rated Debt Securities
category, АSBNe13);
on bonds of Delta Bank (Almaty):
- on bonds KZP01Y05E178 (KZ2C00001709, KASE official list, Rated Debt
Securities category, NFBNb2);
- on bonds KZP02Y10E176 (KZ2C00002038, KASE official list, Rated Debt
Securities category, NFBNb3);
on bonds of Temirbank (Almaty):
- KZ2C0Y20A641 (KZ2C00001485, KASE official list, Rated Debt Securities
category, TEBNb3);
- KZP01Y20B553 (KZ2C00000024, KASE official list, Rated Debt Securities
category, TEBNb4);
- KZP01Y17B559 (KZ2C00000032, KASE official list, Rated Debt Securities
category, TEBNb6);
- KZP04Y19B559 (KZ2C00000040, KASE official list, Rated Debt Securities
category, TEBNb7);
- KZP05Y16B552 (KZ2C00000057, KASE official list, Rated Debt Securities
category, TEBNb8);
- KZP07Y20B550 (KZ2C00000065, KASE official list, Rated Debt Securities
category, TEBNb10);
- KZP08Y25B557 (KZ2C00000073, KASE official list, Rated Debt Securities
category, TEBNb11);
- KZP01Y13C333 (KZ2C00000099, KASE official list, Rated Debt Securities
category, TEBNb12);
- KZP02Y15C336 (KZ2C00000081, KASE official list, Rated Debt Securities
category, TEBNb13);
- KZP03Y19C336 (KZ2C00000107, KASE official list, Rated Debt Securities
category, TEBNb14);
- KZP04Y19C334 (KZ2C00000115, KASE official list, Rated Debt Securities
category, TEBNb15);
- KZP05Y20C339 (KZ000A1AT8V6, KASE official list, Rated Debt Securities
category TEBNb16);
- KZP06Y20C337 (KZ2C00000123, KASE official list, Rated Debt Securities
category, TEBNb17);
- KZP07Y10C336 (KZ2C00000461, KASE official list, Rated Debt Securities
category, TEBNb18);
- USY8584LAA18, US87971SAA87 (KASE official list, Rated Debt Securities
category, TEBNe1);
on bonds of AsiaCredit Bank (Almaty):
- KZP01Y07D887 (KZ2C00001766; KASE official list, Rated Debt Securities
category, LARIb2)
- KZP02Y07D885 (KZ2C00002418; KASE official list, Rated Debt Securities
category, LARIb3);
- KZP03Y08D881 (KZ2C00002459, KASE official list, Rated Debt Securities
category, LARIb4);
on bonds:
- KZP01Y05D782 (KZ2C00000339, KASE official list, Rated Debt Securities
category, KIBNb5) of Kazinvestbank (Almaty);
- KZP01Y07D994 (KZ2С00001592, KASE official list, Rated Debt Securities
category, AKFIb3) of AMF Group (Astana);
- KZPO1Y05T319 (KZ2C00001840, KASE official list, Rated Debt Securities
category, CACMb2) of Central Asia Cement (Temirtau);
- KZP01Y05E368 (KZ2C00001907, KASE official list, Rated Debt Securities
category, AZHKb1) of Alatau Zharyk Company (Almaty);
- KZP01Y03E421 (KZ2C00001923, KASE official list, Rated Debt Securities
category, ALESb1) of Almatinskie Elektricheskie Seti (Almaty);
- KZP01Y05E590 (KZ2C00002483, KASE official list, Rated Debt Securities
category, KTGAb1) of KazTransGas Aimak (Astana).
This decision was taken based on sub-item 2) of item 40 of the Methodology of
Securities Valuation (hereinafter – the Methodology) based on the overly high
magnitude of fluctuations of prices of the said bonds during their reassessment
on the fair value carried out in accordance with:
- Rules of valuation of financial, instruments contained in portfolios of
accumulative pension funds approved by resolution No. 109 of the Agency
of the Republic of Kazakhstan on Regulation and Supervision of Financial
Market and Financial Organizations of March 26, 2005;
- Rules of accounting and evaluation of pension asserts approved by resolution
No. 186 of the Management Board of the National Bank of the Republic of
Kazakhstan of July 26, 2013.
Earlier KASE notified that by decision of KASE Management Board as of April 7,
2014 ASYL-INVEST (Almaty) was compulsorily stripped of the status of a
market-maker on KASE for securities of 35 titles due to removal of this
joint-stock company from participation in trades after suspension of its
license by the National Bank. This circumstance has led to absence in the KASE
trading system of quotations necessary for the market valuation of the said
bonds.
Valuation of the said bonds on fair value (on discount rates) in accordance with
the above-mentioned rules would lead to a change in the market price of
particular securities by 50–99 % at full absence of transactions on the market,
i.e. any significant grounds for such serious reassessment on the market are
absent.
Thus, for calculation of market price on the mentioned bonds KASE used orders
submitted by the bond market-maker from March 19, 2014.
The text of the Methodology is available on KASE website at
http://www.kase.kz/files/normative_base/met_ocen_zb.pdf
All persons interested with regard to the Methodology and procedure of
calculating market prices can turn to KASE Information and Analysis department
at tel. (727) 237 53 18, e-mail: info@kase.kz.
KASE news item of April 7, 2014 "ASYL-INVEST is debarred from securities
trading on KASE" is available on KASE website at
http://www.kase.kz/en/news/show/1216391
[2014-04-14]