/KASE, February 12, 13/ - Kazakhstan Stock Exchange (KASE) Committee on
Indices and Securities Valuation removed from February 12, 2013 from the
representative list of indices KASE_BY, KASE_BP and KASE_BC bonds
KZPC4Y05B661 (KZ2C00001139, KASE official list, Rated Debt Securities
category, MREKb5; KZT1, KZT800.0 m.; February 12, 08 - February 12, 13,
semi-annual coupon 16.00 % APR; 30/360) of Mangistau Electricity
Distribution Network Company (Aktau) due to their circulation term
expiry.
From February 12, 2013, when calculating the index KASE_BP KASE will use
the adjustment coefficient (К), equal to 0.9870799, when calculating
KASE_BC - 0.9820374, KASE_BY - 1.6126816. Before the mentioned date (К)
for KASE_BP equaled to 0.9870919, KASE_BC - 0.9820518 and 1.6126825 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, but 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 of the indicated indices are calculated by KASE once a day according to
results of trades in corporate bonds.
The 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.
Previously KASE published news of February 12, 2013 "Bonds
KZPC4Y05B661 (KZ2C00001139, MREKb5) of Mangistau Electricity
Distribution Network Company (Kazakhstan) removed from KASE official list
due to circulation term expiry" at
http://www.kase.kz/en/news/show/1185103
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
[2013-02-12]