/KASE, July 15, 10/ - The Risk Committee of Kazakhstan Stock Exchange
(KASE) included beginning July 15, 2010 into representative indexes KASE_BY,
KASE_BP and KASE_BC the following bonds with corresponding parameters
applied at index calculation:
- KZP01Y03C995 (KASE, first subcategory of Non-rated debt securities,
APKIb1; KZT1,000, KZT5.0 bn; 11.04.08 - 11.04.11; monthly coupon 12.00 %
APR; 30/360) of Corporation AIC-Invest (Astana), outstanding bonds -
3,813,598;
- KZP03Y03C991 (KASE, first subcategory of Non-rated debt securities,
APKIb3; KZT1,000, KZT10.0 bn; 29.08.08 - 29.08.11; monthly coupon
12.00 % APR; 30/360)of Corporation AIC-Invest, outstanding bonds -
9,982,694;
- KZP04Y10B467 (KASE, first subcategory of Non-rated debt securities,
CSBNb8; KZT100; KZT6.0 bn; 01.07.09 - 01.07.19, semiannual coupon
indexed to inflation rate, 9.00 % APR as for the current coupon period, 30/360)
of Kaspi Bank (Almaty), outstanding bonds - 9,300,000.
The restrictive coefficient on the bonds included to representative list of
indexes KASE_BY, KASE_BP and KASE_BC equals to one.
Beginning July 15, 2010 at calculation of index KASE_BP KASE will apply
adjustment coefficient (К), equal to 0.9998732, at calculation of KASE_BC -
0.9997741, KASE_BY - 1.0146800. Before the date, К for index KASE_BP was
equal to 0.9997186, for KASE_BC - 0.9994566 and 1.0095144 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
[2010-07-15]