/KASE, August 5, 10/ - Kazakhstan Stock Exchange (KASE) Risk Committee
removed from August 5, 2010 from the KASE representative list KASE_BY,
KASE_BP and KASE_BC indices bonds KZ2P0Y03C673 (TEMAb1; KZT1,000,
KZT1.0 bn; August 5, 07 - August 5, 10, the quarterly coupon 11.00 % APR;
30/360) of TEMA Ko. (Almaty) due to circulation term expiry.
From August 5, 2010, when calculating the index KASE_BP KASE will be used
the adjustment coefficient (К), equal to 0.9999043, when calculating KASE_BC
- 0.9997918, KASE_BY - 1. 0204005. Before the mentioned date (К) for
KASE_BP equaled 0.9999037, KASE_BC - 0.9997909 and 1.0204010 for
KASE_BY accordingly.
KASE_BY - corporate bond yield index.
KASE_BC - corporate bond price index calculated according to the prices without
account to accrued (accrued, not paid) interest thereon (by "net" prices).
KASE_BP - corporate bond price index calculated with account to all accrued
interest thereon, including that not paid.
All indicated indices are calculated by KASE once a day according to results of
trades in corporate bonds.
Unit weight of each denomination of bond in value of indicators is limited to
fifteen percent. At that, only volume of outstanding and not redeemed bonds in
accordance with documents available at KASE shall be accounted. The limitation
is made through the restrictive coefficient.
The methodology of calculation of indices is regulated by the KASE internal
document "Methodology of Calculation of Stock Market Indicators", available at
http://www.kase.kz/files/normative_base/indicators_met_eng.pdf
[2010-08-05]