FROM SEPTEMBER 1 KASE_BM* SERIES INDEXES' UNIVERSE WILL FEATURE 33 BONDS

29.08.19, 11:29
/KASE, August 29, 2019/ – The Committee on Indexes and Securities Valuation of Kazakhstan Stock Exchange (KASE) in accordance with the Methodology of Stock Market Indicators Calculation (Methodology) took a decision to remove as of September 1, 2019 bonds KZ2C00003986 (SNRGb2) of Samruk-Energy from the universe for calculation of indicators of KASE_BM* series due to the absence of a market-maker thereon as of September 2, 2019. According to the Methodology, one of the main criteria of presence of bonds in the universe of indicators of KASE_BM* series is the availability of a market- maker. There are no new bonds of the main market eligible for inclusion in the list of indicators of KASE_BM* series. In accordance with the Methodology, once every three months KASE revises universes for calculation of stock market indicators of: 1) the main market (series KASE_BM*) – index of clean prices KASE_BMC and yield indicator KASE_BMY; 2) the alternative market (series KASE_BA*) – index of clean prices KASE_BAC and yield indicator KASE_BAY. As of September 1, 2019 the universe of indicators of series KASE_BM* will consist of bonds of 33 titles. There are no bonds of the alternative market to be included in the list of indicators of series KASE_BA*. We remind you that the calculation of series KASE_BA* indicators was suspended as of January 26, 2018 due to absence of representative selection for the calculation of said indicators, since according to the Methodology the total number of corporate bonds must be at least four. Said lists are available on KASE website at http://kase.kz/en/stock_market/kase_bonds/KASE_BMC/ The Methodology is available on KASE website at http://kase.kz/files/normative_base/indicators_met_eng.pdf [2019-08-29]