/KASE, May 5, 14/ – Kazakhstan Stock Exchange (KASE) notifies that by the
decision of Committee on Indices and Securities Valuation of May 5, 2014 were
changed parameters of corporate bonds of 29 denominations for their market
valuation on May 5 – 11, 2014.
The market price of below bonds have been calculated considering the
extension of the period of selection of orders for buying, parameters of which
were used for their valuation up to 29 days, prior to the market valuation
date.
On bonds of Imstalcon (Almaty):
- KZP01Y07D549 (KZ2C00000412, KASE official list, first sub-category of
Non-Rated Debt Securities category, IMSKb1);
- KZP02Y07D547 (KZ2C00000446, KASE official list, first sub-category of
Non-Rated Debt Securities category, IMSKb2);
- KZP01Y07D747 (KZ2C00000420, KASE official list, Rated Debt
Securities category, IMSKb3);
on international bonds of Alliance Bank (Almaty):
- XS0496645085, XS0496645242 (KASE official list, Rated Debt Securities
category, АSBNe9);
- XS0496645671, XS0496645838 (KASE official list, Rated Debt Securities
category, АSBNe12);
- XS0496645911, XS0496646059 (KASE official list, Rated Debt Securities
category, АSBNe13);
on bonds of Temirbank (Almaty):
- KZ2C0Y20A641 (KZ2C00001485, KASE official list, Rated Debt Securities
category, TEBNb3);
- KZP01Y20B553 (KZ2C00000024, KASE official list, Rated Debt Securities
category, TEBNb4);
- KZP01Y17B559 (KZ2C00000032, KASE official list, Rated Debt Securities
category, TEBNb6);
- KZP04Y19B559 (KZ2C00000040, KASE official list, Rated Debt Securities
category, TEBNb7);
- KZP05Y16B552 (KZ2C00000057, KASE official list, Rated Debt Securities
category, TEBNb8);
- KZP07Y20B550 (KZ2C00000065, KASE official list, Rated Debt Securities
category, TEBNb10);
- KZP08Y25B557 (KZ2C00000073, KASE official list, Rated Debt Securities
category, TEBNb11);
- KZP01Y13C333 (KZ2C00000099, KASE official list, Rated Debt Securities
category, TEBNb12);
- KZP02Y15C336 (KZ2C00000081, KASE official list, Rated Debt Securities
category, TEBNb13);
- KZP03Y19C336 (KZ2C00000107, KASE official list, Rated Debt Securities
category, TEBNb14);
- KZP04Y19C334 (KZ2C00000115, KASE official list, Rated Debt Securities
category, TEBNb15);
- KZP05Y20C339 (KZ000A1AT8V6, KASE official list, Rated Debt Securities
category TEBNb16);
- KZP06Y20C337 (KZ2C00000123, KASE official list, Rated Debt Securities
category, TEBNb17);
- KZP07Y10C336 (KZ2C00000461, KASE official list, Rated Debt Securities
category, TEBNb18);
- USY8584LAA18, US87971SAA87 (KASE official list, Rated Debt
Securities category, TEBNe1);
on bonds:
- KZP01Y07D994 (KZ2С00001592, KASE official list, Rated Debt
Securities category, AKFIb3) of AMF Group (Astana);
- KZPO1Y05T319 (KZ2C00001840, KASE official list, Rated Debt
Securities category, CACMb2) of Central Asia Cement (Temirtau);
- KZP01Y05E368 (KZ2C00001907, KASE official list, Rated Debt
Securities category, AZHKb1) of Alatau Zharyk Company (Almaty);
- KZP01Y03E421 (KZ2C00001923, KASE official list, Rated Debt
Securities category, ALESb1) of Almatinskie Elektricheskie Seti
(Almaty);
- KZP01Y05E590 (KZ2C00002483, KASE official list, Rated Debt
Securities category, KTGAb1) of KazTransGas Aimak (Astana).
The market price of bonds KZP01Y05D782 (KZ2C00000339, KASE official list
Rated Debt Securities category, KIBNb5) is calculated taking into account the
extension of the period of selection of orders for buying, parameters of which
were used for their valuation up to 27 days, prior to the market valuation
date.
The market price of below bonds is calculated taking into account the extension
of the period of selection of orders for buying, parameters of which were used
for their valuation up to 26 days, prior to the market valuation date.
on bonds of Delta Bank (Almaty):
- on bonds KZP01Y05E178 (KZ2C00001709, KASE official list, Rated Debt
Securities category, NFBNb2);
- on bonds KZP02Y10E176 (KZ2C00002038, KASE official list, Rated Debt
Securities category, NFBNb3);
This decision was made based on sub-item 2) of item 40 of the Methodology of
Securities Valuation (hereinafter – the Methodology) based on the overly high
magnitude of fluctuations of prices of the said bonds during their reassessment
on the fair value carried out in accordance with:
- Rules of valuation of financial, instruments contained in portfolios of
accumulative pension funds approved by resolution No. 109 of the Agency
of the Republic of Kazakhstan on Regulation and Supervision of Financial
Market and Financial Organizations of March 26, 2005;
- Rules of accounting and evaluation of pension asserts approved by
resolution No. 186 of the Management Board of the National Bank of the
Republic of Kazakhstan of July 26, 2013.
Earlier KASE notified that by decision of KASE Management Board as of April 7,
2014 ASYL-INVEST (Almaty) was compulsorily stripped of the status of a
market-maker on KASE for securities of 35 titles due to removal of this joint-
stock company from participation in trades after suspension of its license by
the National Bank. This circumstance has led to absence in the KASE trading
system for two weeks of quotations necessary for the market valuation of the
mentioned bonds.
Valuation of the mentioned bonds on fair value (on discount rates) in
accordance with the above-mentioned rules would lead to a change in the
market price of particular securities by 50–99 % at full absence of transactions
on the market, i.e. any significant grounds for such serious reassessment on
the market are absent.
Thus, for calculation of market price on the mentioned bonds KASE used
orders submitted by the bond market-maker from March 19, 2014, except for
two international bonds of Kazinvestbank, on which were used orders,
submitted by the market makers from March 26, 2014 and two bonds of Delta
Bank, on which were used orders, submitted by the market makers from March
27, 2014.
The text of the Methodology is available on KASE website at
http://www.kase.kz/files/normative_base/met_ocen_zb.pdf
All persons interested with regard to the Methodology and procedure of
calculating market prices can turn to KASE Information and Analysis
department at tel. (727) 237 53 18, e-mail: info@kase.kz.
KASE news of April 7, 2014 "ASYL-INVEST is debarred from securities trading
on KASE" is available on KASE website at
http://www.kase.kz/en/news/show/1216391
KASE news of April 29, 2014 "Nurbank Subsidiary MONEY EXPERTS is
assigned the market maker status on KASE on Kazinvestbank bonds
KZP01Y05D782 (KZ2C00000339, KIBNb5) from April 30" is available on KASE
website at
http://www.kase.kz/news/show/1218218
KASE news of April 29, 2014 "АО "BCC Invest - Bank CenterCredit Subsidiary
as of April 29 assigned status of market-maker on KASE for securities of Delta
Bank" is available on KASE website at
http://www.kase.kz/en/news/show/1218184
[2014-05-05]