/KASE, April 23, 10/ - Kazakhstan Stock Exchange (KASE) Risk Committee
excluded from April 23, 2010 from KASE_BY, KASE_BP and KASE_BC indices
representative list the following bonds of Alliance Bank (Almaty):
- KZ2CKY07B394 (KASE official list buffer category, ASBNb3; KZT1, KZT3.0
bn; October 29, 04 - October 29, 11, the semi-annual coupon indexed at the
inflation rate, 8.20 % APR for the current coupon period; 30/360);
- KZPC4Y07B576 (KASE official list buffer category, ASBNb7; KZT1,000,
KZT5.0 bn; July 24, 06 - July 24, 13, the semi-annual coupon 8.50 % APR;
30/360);
- KZPC5Y05B577 (KASE official list buffer category, ASBNb8; KZT1,000,
KZT5.0 bn; December 26, 06 - December 26, 11, the semi-annual coupon
8.50 % APR; 30/360);
- KZPC7Y07B579 (KASE official list buffer category, ASBNb10; KZT1,000,
KZT7.0 bn; November 8, 07 - November 8, 14, the semi-annual coupon
9.75 % APR; 30/360);
- KZP03Y02C969 (KASE official list buffer category, ASBNb13; KZT1,000,
KZT5.0 bn; September 20, 08 - September 20, 10, the semi-annual coupon
11.00 % APR; 30/360);
- KZP04Y10C960 (KASE official list buffer category, ASBNb14; KZT1,000,
KZT15.0 bn; September 20, 08 - September 20, 18, the semi-annual coupon
11.00 % APR; 30/360).
Mentioned bonds were excluded due to their trading suspension.
From April 23, 2010, when calculating the index KASE_BP KASE will be used the
adjustment coefficient (К), equal to 0.9985740, when calculating KASE_BC -
0,9982843, KASE_BY - 0.9944370. Till the mentioned date К for KASE_BP
equaled 0.9986337, KASE_BC - 1.9983263 and 0.9868030 for KASE_BY
accordingly.
KASE_BY - corporate bond yield index.
KASE_BC - corporate bond price index calculated according to the prices without
account to accrued (accrued, not paid) interest thereon (by "net" prices).
KASE_BP - corporate bond 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.
Previously on this topic KASE published the news of April 23, 2010 "KASE
suspends trade in bonds of Alliance bank (Kazakhstan) and international bonds of
ALB Finance B.V. (Netherlands) April 23" -
http://www.kase.kz/en/news/show/1102193
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
[2010-04-23]