/KASE, April 15, 13/ – Kazakhstan Stock Exchange (KASE) Committee on
Indices and Securities valuation from April 15, 2013 included in the
representative list of indices KASE_BY, KASE_BP and KASE_BC bonds
KZ2P0Y10C900 (KASE official list Rated Debt Securities category, ORDKb2;
KZT1,000, KZT1.5 bn, January 26, 08 – January 26, 18; quarterly coupon,
12.00 % APR; 30/360) of Credit Association ORDA Credit (Shymkent), the
number of offered bonds – 1,500,000 units.
The restrictive coefficient on bonds included the representative list of
indices KASE_BY, KASE_BP и KASE_BC also equals to one.
From April 15, 2013, when calculating the index KASE_BP KASE will use the
adjustment coefficient (К), equal to 0.9873140, when calculating KASE_BC –
0.9822692, KASE_BY – 1.6176160. Before the mentioned date (К) for
KASE_BP equaled to 0.9873165, KASE_BC – 0.9822735 and 1.6147563 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 f
ifteen 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
[2013-04-15]