/KASE, November 18, 10/ - Kazakhstan Stock Exchange (KASE) Risk Committee removed from November 18, 2010 from the KASE representative list of KASE_BY, KASE_BP and KASE_BC indices KZ2C0Y05D638 (KASE official list Non-rated Debt Securities first subcategory, VMZVb1; KZT10,000, KZT2.0 bn;
November 26, 09 - November 26, 14, the semi-annual coupon 14.00 % APR;
30/360) of Vostokmashzavod (Ust-Kamenogorsk).

This decision has been made as bonds were excluded from KASE official list.

From November 18, 2010, when calculating the index KASE_BP KASE will be used the adjustment coefficient (К), equal to 0.9996109, when calculating KASE_BC - 0.9999546, KASE_BY - 1.4820719. Before the mentioned date (К) for KASE_BP equaled 0.9995262, KASE_BC - 0.9998476 and 1.4813863 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.

The methodology of calculation of indices is regulated by the KASE internal document "Methodology of Calculation of Stock Market Indicators", available at see more

[2010-11-18]