/KASE, April 6, 09/ - Kazakhstan Stock Exchange (KASE) Risk Committee
excluded from April 6, 2009 from KASE_BY, KASE_BP and KASE_BC indices
representative list bonds KZ2CKY03B864 (AKFIb1; KZT1,000, KZT4.0 bn.;
April 5, 06 - April 5, 09, the semi-annual coupon indexed on the inflation rate,
12.00 % APR for the last coupon period) of AMF Group (Aktobe) due to their
circulation period termination.
From April 6, 2009, when calculating the index KASE_BP KASE will be used the
adjustment coefficient (К), equal to 0.9966185, when calculating KASE_BC -
1.000472, KASE_BY - 0.9619047. Till the mentioned date К for KASE_BP
equaled 0.9965760, KASE_BC - 1.0004173 and 0.9621659 for KASE_BY
accordingly.
KASE_BY - corporate bonds yield index.
KASE_BC - corporate bonds price index calculated according to the prices without
account to accrued (accrued, not paid) interest thereon (by "net" prices).
KASE_BP - corporate bonds price index calculated with account to all accrued
interest thereon, including that not paid.
All indicated indices are calculated by KASE once a day according to results of
trades in corporate bonds.
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.
The methodology of calculation of indices is regulated by the KASE internal
document "Methodology of Calculation of Stock Market Indicators", available at:
http://www.kase.kz/files/normative_base/indicators_met_eng.pdf
[2009-04-06]