KASE Launched Amendments to Methodology of Securities Valuation
OREANDA-NEWS. By the decision of Kazakhstan Stock Exchange (KASE) Board from December 25, 2008 are put into effect changes and additions # 6 to KASE internal document "Methodology of Securities Valuation", reported the press-centre of KASE.
As informed before, these amendments were approved by KASE Council on October 15, 2008 and agreed on with the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations on December 3, 2008.
The amendments were made to decrease risks on the repo transaction market and stipulate the increase of shares prices discounting rates, used as repo subjects, executed by the "automatic" method.
In addition, these amendments have the editorial character.
The Methodology of Securities Valuation revised text is published on KASE website at http://www.kase.kz/files/normative_base/met_ocen_zb.pdf
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