/KASE, April 3, 13/ – Kazakhstan Stock Exchange (KASE) Committee on Indices
and Securities valuation as of April 3, 2013 removed from the representative
list of indices KASE_BY, KASE_BP and KASE_BC bonds KZ2C0Y05C861 (KZ2C00000016,
KASE official list, Rated Debt Securities category, CBH_b1; KZT1, KZT500.0 mln;
April 3, 2008 – April 4, 2013; annual coupon indexed at inflation rate, 12.00 %
APR for the final coupon period; 30/360) of JSC "Caspian Beverage Holding"
(Almaty) due to circulation term expiry.
From April 3, 2013, when calculating the index KASE_BP KASE will use the
adjustment coefficient (К), equal to 0.9872469, when calculating KASE_BC –
0.9822322, KASE_BY – 1.6147571. Before the mentioned date (К) for KASE_BP
equaled to 0.9871454, KASE_BC – 0.9821145 and 1.6132690 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.
Earlier there was a piece of KASE news of April 3, 2013 "Bonds KZ2C0Y05C861
(KZ2C00000016, CBH_b1) of Caspian Beverage Holding (Kazakhstan) removed
from KASE official list due to circulation term expiry" at
http://www.kase.kz/en/news/show/1188143
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
[2013-04-03]