/KASE, March 16, 09/ - The Risk Committee of Kazakhstan Stock Exchange
(KASE) included beginning March 16, 2009 in the representative list of
indices KASE_BY, KASE_BP and KASE_BC the following bonds with
corresponding parameters used at calculation of indices:
- bonds of Eurasian Bnak (NIN - KZP02Y15C617, trade code - EUBNb5),
the number of placed bonds - 45,891,400 units, restrictive coefficient -
1,000000;
- bonds of Atameken-Agro (NIN - KZP01Y10D121, trade code - KATRb2),
the number of placed bonds - 9,616,770 units, restrictive coefficient -
1,000000.
Restrictive coefficient on bonds being included and those included earlier in
the representative list of indices KASE_BY, KASE_BP and KASE_BC equals
to one.
Beginning March 16, 2009 adjustment coefficient (К) equal to 0.9989988
will be used at calculation of KASE_BP; adjustment coefficient will total
1.0007757 for KASE_BC, and 0.9633917 for KASE_BY. Before the indicated
date K for KASE_BP equaled 0.9988782, for KASE_BC - 1.0005669 and
0.9541865 for KASE_BY accordingly.
KASE_BY - corporate bond yield index.
KASE_BC - corporate bond price index, calculated on their prices without
account to accumulated (accrued, but not paid) interest thereon (on "net"
prices).
KASE_BP - corporate bond price index, calculated with account of
accumulated interest thereon, including the interest not paid.
All indicated indices are calculated by KASE once a day on results of trades
in corporate bonds.
Bond price ratio in indicator value is limited with 15 %. At that, only bonds
outstanding and not redeemed by issuer according to documents available at
the Exchange are taken into account. The restriction is made through the
restrictive coefficient mentioned above.
Indices calculation methodology is regulated by the KASE internal document
"Stock Market Indicators Calculation Methodology", available at:
http://www.kase.kz/files/normative_base/indicators_met.pdf
[2009-03-16]