KASE removes bonds KZ2C0Y10E396 (KZ2C00001956, GLDCb1) of Golden Compass Capital from KASE_B* series indices' representative list due to suspension of trades

22.02.16 18:00
/KASE, February 22, 16/ – Kazakhstan Stock Exchange (KASE) Committee on Indices and Securities Valuation as of February 22, 2016 removed from the representative list of indices KASE_B* bonds KZ2C0Y10E396 (KZ2C00001956, KASE official list, category "other debt securities", GLDCb1; KZT1, KZT8.0 bn; January 10, 2013 – January 10, 2023, annual coupon 12.00 % APR, 30/360) of Golden Compass Capital JSC (Almaty) due to the suspension of trading in them. From February 22, 2016, when calculating the indexes KASE_BC, KASE_BP KASE will use the adjustment coefficient (К), equal to 1.0007426. From February 22, 2016 the representative list of indices KASE_B* will consist of bonds of 56 titles. KASE_BY – corporate bond yield index. KASE_BC – corporate bond price index calculated according to the prices without account to accrued 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. Earlier there was a related KASE news item of February 22, 2016 "As of February 22 trading in bonds KZ2C0Y10E396 (KZ2C00001956, GLDCb1) of Golden Compass Capital suspended on KASE" at http://www.kase.kz/en/news/show/1287759 The methodology of calculation of indices is regulated by KASE internal document "Methodology of Calculation of Stock Market Indicators", available at http://www.kase.kz/files/normative_base/indicators_met_eng.pdf [2016-02-22]