/KASE, December 15, 09/ - The Risk committee of the Kazakhstan Stock
Exchange (KASE) included beginning December 15, 2009 to representative lists
KASE_BY, KASE_BP and KASE_BC the following bonds with corresponding
parameters applicable at calculation of indexes:
- KZP02Y03C993 (KASE, first subcategory of Non-rated debt securities,
APKIb2; KZT1,000, KZT5.0 bn; 20.05.08 - 20.05.11; monthly coupon 12.00 %
APR; 30/360) of Corporation AIC-Invest (Astana), placed bonds - 1,200,000;
- KZ2C0Y10C606 (first subcategory of Non-rated debt securities, PDENb1;
KZT100, KZT8.0 bn, 10.07.07 - 10.07.17; semiannual coupon indexed to
inflation rate; 9.80 % APR as for the current coupon period; 30/360) of
PAVLODARENERGO (Pavlodar), placed bonds - 39,070,000;
- KZ2C0Y05C747 (KASE, second subcategory of Non-rated debt securities;
REALb1; KZT1, KZT5.0 bn; 30.05.08 - 30.05.13, semiannual coupon indexed
to inflation rate, 10.00 % APR as for the current coupon period; 30/360) of
Finance company REAL-INVEST.kz (Almaty), placed bonds - 1,901,400,000.
Restrictive coefficient on the bonds included to representative lists of indexes
KASE_BY, KASE_BP and KASE_BC equals one.
Beginning December 15, 2009 at calculation of KASE_BP KASE will apply
adjustment coefficient (К), equal to 1.0008863, at calculation of KASE_BC -
0.9985296, KASE_BY - 0.9158987. Before the mentioned date К for KASE_BP
was equal to 1.0001606, for KASE_BC - 0.9977768 and 0.9395084 for KASE_BY
accordingly.
KASE_BY - corporate bond yield index.
KASE_BC - corporate bond price index, calculated based on prices without
account of accrued (accrued, but not paid) interest thereon (on "net" prices).
KASE_BP - corporate bond price index, calculated with account to all accrued
interest thereon, including that not paid.
All indexes are calculated by KASE once a day after trade in corporate bonds.
Weight of a bond is limited with fifteen percent. At that only volume of placed
and unredeemed bonds according to documents available on KASE shall be taken
into account. Restriction is effected through a restriction coefficient.
The Methodology of Index Calculation is regulated with the KASE internal
document "Stock Market Indicator Calculation Methodology", available at the
KASE website at
http://www.kase.kz/files/normative_base/indicators_met_eng.pdf
[2009-12-15]