KASE included into the representative list of KASE_B* indices series bonds of thirteen issues and excluded bonds KZ2CUY11A407 (TEBNb2) of Temirbank
/KASE, September 15, 08/ - Kazakhstan Stock Exchange (KASE) Risk Committee included, beginning September 15, 2008 into the representative list of indices KASE_BY, KASE_BP and KASE_BC, the following bonds with the corresponding parameters, used at indices calculation:
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Number of
# Issuer's Bond offered bonds,
short name code NIN units
-- ---------------------------------- ------- ------------ --------------
1 ABDI Company ABDIb1 KZ2C0Y05C804 209,172
2 AMF Group AKFIb1 KZ2CKY03B864 1,469,530
3 Sb Alfa-Bank ALBNb2 KZP01Y03C987 31,500
4 Bank CenterCredit CCBNb19 KZP12Y10B650 60,000,000
5 EL-DOS ELDSb1 KZ2CKY05B182 25,550,000
6 Karagandy Zharyk KRZHb1 KZPP1Y05B763 6,786,196
7 Kazakhstan distribution company KZDKb1 KZ2C0Y03C387 1,000,000
8 MAG MAG_b1 KZ2C0Y05C135 1,299,810
9 Credit association ORDA credit LLP ORDKb1 KZ2C0Y03C312 500,000
10 RESMI Group RESCb1 KZ2P0Y03C186 1,200,159,411
11 TEMA Ko TEMAb1 KZ2P0Y03C673 294,000
12 Ore mining and processing
enterprise Tort Kudyk TKUDb1 KZ2PKY05B833 249,000
13 Corporation Tsesna TSNAb1 KZ2CKY03B328 2,040,000
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The restrictive coefficient on being included and previously included into the representative list of KASE_BY, KASE_BP and KASE_BC indices bonds equals one.
In addition, KASE Risk Committee decided to exclude from September 15, 2008 from the representative list of above mentioned indices subordinated bonds KZ2CUY11A407 (TEBNb2; $100, $5.9 млн; September 14, 01 - September 14, 08, the semi-annual coupon 11.00 % APR) of Subsidiary organization of Joint stock company BTA Bank - Joint stock company Temirbank (Almaty, in the headline - Temirbank) due to circulation period expiry.
From September 15, 2008, at calculation of the KASE_BP index the exchange will use the adjustment coefficient (К), equal to 0.9975486, at calculation of KASE_BC - 0.9971811, KASE_BY - 0.9871665. Before the mentioned date К for KASE_BP equaled 0.9975589, for KASE_BC - 0.9972011 and 0.9879200 for KASE_BY accordingly.
KASE_BY reflects the weighted average (through the issue volume) yield of corporate bonds of the KASE category "A" securities official list, calculated on deals of the last efficient for each bond, included into the representative list of the day
KASE_BP - the index of prices of corporate bonds from the category "A" official list, calculated considering the accrued interest on them, including unpaid ("dirty" prices index)
KASE_BC - the index of corporate bonds from the category "A" official list, calculated on "net" prices (prices with no account of the accumulated interest, reflected in percentage to a security face value).
All mentioned indices are calculated by KASE once a day based on results of trades in corporate bonds.
The unit weight of bonds price of each denomination in the indices value is limited by fifteen percent. Given this, is considered only the volume of placed and not re-purchased by the issuer bonds in compliance with documents available on KASE. The limitation is implemented through the above-mentioned restrictive coefficient.
The indices calculation methodology is regulated by the KASE internal document Methods of Stock Market Indices Calculation, available at толығырақ
[2008-09-15]