/KASE, September 18, 2024/ – Following a decision of the Management Board of
Kazakhstan Stock Exchange (KASE, or the Exchange) dated September 17,
2024, the revised internal document of KASE "Methodology for calculating
stock market indices and indicators" (Methodology) was approved, with effect
as of October 1, 2024.
The new version of the Methodology was developed in order to update the text of
the document and determine the methodology for calculating ESG bond indices.
The revised Methodology defines the procedure for calculating the following ESG
indices and indicators:
- KASE_ESGB_CP – index of "clean" prices of ESG bonds included in the
official list of KASE on the main and alternative markets;
- KASE_ESGB_DP – index of "dirty" prices of ESG bonds included in the
official list of KASE on the main and alternative markets;
- KASE_ESGB_Y – indicator of the yield of the ESG bond index, in percent
per annum;
- ESG bond index duration, in years.
The calculation of ESG bond indices and indicators will be carried out once a day
on business days in the Republic of Kazakhstan.
In addition, the calculation of indices of corporate bonds of the alternative market
(indices of the KASE_BA* series) has been excluded from the Methodology due
to the lack of the required number of bonds for inclusion in the representative list.
As of October 1, 2024, the Methodology in its current version will be declared invalid.
The revised Methodology will be published on KASE's Internet resource at
https://kase.kz/en/kase_rules/ (tab "Methodologies").
[2024-09-18]