/KASE, August 15, 08/ - The Risk Committee of Kazakhstan Stock Exchange Inc.
(KASE) included, beginning August 15, 2008 into the representative list of indices
KASE_BY, KASE_BP and KASE_BC, the following bonds with the corresponding
parameters, used at indices calculation:
- bonds of Alliance Bank JSC of the tenth issue (НИН - KZPC7Y07B579,
trading code - ASBNb10), number of placed bonds -2 800 units, the limiting
coefficient - 1.000000;
- bonds of Nurbank JSC of the sixth issue (НИН - KZPC3Y07В420, trading
code - NRBNb6), number of placed bonds - 27 300 000 units, the limiting
coefficient - 1.000000;
In addition, from August 15, 2008, at calculation of KASE_BP index the Exchange
will use the (К) adjustment coefficient, equal to 0.9975613, at calculation of
KASE_BC - 0.9972045, KASE_BY - 0.9880248. Until the mentioned date K for
KASE_BP index was equal to 1.0013480, KASE_BC - 1.0018241 and 0.9648912
for KASE_BY accordingly.
KASE_BY reflects the weighted average (through the issue volume) yield of
corporate bonds of the KASE category "A" securities official list, calculated on
deals of the last efficient for each bond, included into the representative list
of the day
KASE_BP - the index of prices of corporate bonds from the category "A" official
list, calculated considering the accrued interest on them, including unpaid
("dirty" prices index)
KASE_BC - the index of corporate bonds from the category "A" official list,
calculated on "net" prices (prices with no account of the accumulated interest,
reflected in percentage to a security face value).
All mentioned indices are calculated by KASE once a day based on results of
trades in corporate bonds.
The unit weight of bonds price of each denomination in the indices value is
limited by fifteen percent. Given this, is considered only the volume of placed
and not re- purchased by the issuer bonds in compliance with documents available
on KASE. The limitation is implemented through the above-mentioned limiting
coefficient.
The indices calculation methodology is regulated by the KASE internal document
Methods of Stock Market Indices Calculation, available
at
http://www.kase.kz/geninfo/normbase/indicators_met.pdf
[2008-08-15]