/KASE, November 17, 08/ - Kazakhstan Stock Exchange (KASE) Risk
Committee included, beginning November 17, 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:
- -----------------------------------------------------------------------
Number of
# Issuer's Bond offered bonds,
short name code NIN units
- -------------------------------- ------- ------------ --------------
1 Asia-Electric ASELb1 KZ2C0Y03C411 614,000
2 Halyk Savings Bank of Kazakhstan HSBKb12 KZPC1Y10C590 1,000,000
3 Temirleasing TMLZb1 KZ2C0Y05C465 500,000
4 Kazcat ZERDb1 KZ2C0Y05C622 925,000
- -----------------------------------------------------------------------
The restrictive coefficient on being included and previously included into the
representative list of KASE_BY, KASE_BP and KASE_BC indices bonds equals
one.
From November 17, 2008, at calculation of KASE_BP index, the exchange will
use the adjustment coefficient (К) equal 0.9975136, at calculation of KASE_BC
- 0.9974569, KASE_BY - 0.9924966. Before the mentioned date К for KASE_BP
equaled 0. 9976029, KASE_BC - 0. 9975625 and 0. 9936354 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 restrictive
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
[2008-11-17]