From November 4 amendments to Methodology of Securities Valuation to be put into effect

01.11.19, 11:04
/KASE, November 1, 2019/ – As announced earlier, from November 4, 2019 amendments No. 14 to KASE internal document "Methodology of Securities Valuation" (except for norms defining the procedure of calculation of yield of non-indexed IFI bonds denominated in Kazakh tenge, effective from September 30, 2019) will be put into effect. Said amendments specify that market prices of non-indexed GS are calculated in accordance with the new internal document of KASE "Methodology of defining the yield function of government securities of the Republic of Kazakhstan" (Methodology) using the Nelson-Siegel model. Earlier, KASE announced that from September 30 to November 3, 2019 amortization of the yield function of GS, defined in accordance with items 17–22 of the Methodology of Securities Valuation, to the GS yield function, defined in accordance with the Methodology, will be carried out by way of linear amortization. The Methodology is available on KASE website at http://kase.kz/files/normative_base/metodika_gzb.pdf [2019-11-01]