/KASE, December 4, 12/ - Kazakhstan Stock Exchange (KASE) Committee on
Indices and Securities Valuation from December 4, 2012 removed from KASE_BY,
KASE_BP and KASE_BC indices representative list bonds KZP03Y05C491
(KZ2C00001063, KASE official list Rated Debt Securities category, KZIKb18;
KZT1, KZT5.0 bn, December 1, 07 - December 1, 12; semi-annual coupon
11.00 % APR; 30/360) of Mortgage Organization Kazakhstan Mortgage Company
(Almaty) due to circulation term expiry.
From December 4, 2012, when calculating index KASE_BP KASE will use the
adjustment coefficient (К), equal to 0.9963752, when calculating KASE_BC -
0.9961162, KASE_BY - 1.6136220. Before the mentioned date (К) for KASE_BP
equaled to 0.9988325, KASE_BC - 0.9991187 and 1.6131400 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, but 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 of the indicated indices are calculated by KASE once a day according to
results of trades in corporate bonds.
The 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.
Earlier KASE published news of December 4, 2012 "Bonds KZP03Y05C491 (KZ2C00001063,
KZIKb18) of Mortgage Organization Kazakhstan Mortgage Company removed from KASE
official list due to circulation term expiry" at
http://www.kase.kz/en/news/show/1180172
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
[2012-12-04]