/KASE, March 4, 11/ - Kazakhstan Stock Exchange (KASE) Risk Committee removed from March 4, 2011 from the KASE representative list of KASE_BY, KASE_BP and KASE_BC indices the following bonds:

• KZ2P0Y03C913 (OILAb1; KZT1,000, KZT500.0 m; March 4, 08 - March 4, 11, semi-annual coupon 13.00 % APR, 30/360) of Oilan Ltd. (Almaty);
• KZP01Y03C987 (ALBNb2; KZT10,000, KZT3.0 bn; March 4, 08 - March 4, 11, semi-annual coupon 12.00 % APR, 30/360) of Subsidiary Bank Alfa- Bank (Almaty).

Mentioned bonds have been removed from the KASE_B* list due to circulation term expiry.

From March 4, 2011, when calculating the index KASE_BP KASE will be used the adjustment coefficient (К), equal to 1.0022457, when calculating KASE_BC - 0.9992727, KASE_BY - 1.5260831. Before the mentioned date (К) for KASE_BP equaled 1.0022507, KASE_BC - 0.9992872 and 1.5260993 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 KASE published news of March 4, 2011:

• "Облигации KZ2P0Y03C913 (OILAb1) ТОО "Oilan Ltd." (Казахстан) исключены из официального списка KASE в связи с истечением срока обращения" - see more
• "Облигации KZP01Y03C987 (ALBNb2) АО Дочерний Банк "Альфа-Банк" (Казахстан) исключены из официального списка KASE в связи с истечением срока обращения" - see more

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

[2011-03-04]