/KASE, October 15, 09/ - Kazakhstan Stock Exchange (KASE) Risk Committee
from October 15, 2009 года included to KASE_BY, KASE_BP and KASE_BC
indices representative list the following bonds with parameters, used for indices
calculation:
- KZ2C0Y07D139 (KASE official list Non-rated Debt Securities first
subcategory, AKFIb2; KZT1,000, KZT700.0 m, February 27, 09 -
February 27, 16, the semi-annual coupon indexed at the inflation rate, 13.00 %
APR for the first circulation year, 30/360) of AMF Group (Aktobe), the number
of offered bonds - 694,800 units;
- KZ2C0Y05D117 (KASE official list Non-rated Debt Securities first
subcategory, KKAGb4; KZT100, KZT12.0 bn; August 29, 08 - August 29, 13;
the semi-annual coupon 12.00 % APR; 30/360) of Kazakhstan Kagazy (Almaty
Region), the number of offered bonds - 48,883,250 units;
- KZP05Y05B662 (KASE official list Rated Debt Securities, MREKb6; KZT1,
KZT800.0 m, March 30, 09 - March 30, 14; the semi-annual coupon 16.00 %
APR; 30/360) of Mangistau Electricity Distribution Network Company (Aktau),
the number of offered bonds - 602 670 000 units.
Restrictive coefficient on bonds earlier included into representative list
KASE_BY, KASE_BP and KASE_BC as well equals one.
Beginning October 15, 2009 at calculation of KASE_BP KASE index KASE will
use adjustment coefficient (К), equal 1.0034433, at calculation of KASE_BC -
1.0052309, KASE_BY - 0.9437141. Before the mentioned date К for KASE_BP
index equaled 0.0033884, for KASE_BC - 0.0051744 and 1.9727431 for
KASE_BY accordingly.
KASE_BY - corporate bond yield index.
KASE_BC - corporate bond price index, calculated on prices without account to
accrued (accumulated, not paid) interest thereon (on "net" prices).
KASE_BP - corporate bond price index, calculated with account to all accrued
interest, including that not paid.
All the indexes are calculated by KASE once a day after trades in corporate
bonds.
Unit weight of bonds price is limited by fifteen percent. At that only outstanding
not redeemed bonds are taken into account according to the documents available to
KASE. Restriction is made through a restrictive coefficient mentioned above.
The Methodology of index calculation is regulated by the KASE internal document
"Methodology of Stock Market Indices Calculation", available on KASE website
at
http://www.kase.kz/files/normative_base/indicators_met_eng.pdf
[2009-10-15]