30.06.2016, 13:24
KASE Approves Amendments to Methodology of Securities Valuation
OREANDA-NEWS. As announced earlier, following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors of May 12, 2016 amendments No. 9 (amendments) to KASE internal document "Methodology of Securities Valuation" (Methodology) were approved.
The amendments are put into effect as of July 1, 2016 simultaneously with the putting into effect of the new edition of KASE internal document "Specification of Automatic Repo Market". Said amendments provide for the following: - as the market price of non-indexed government securities of the Republic of Kazakhstan used as underlying assets of repo transactions, their face value with accrued interest must be used; - the procedure of discounting the market value of securities used as underlying assets of repo transactions, is determined by the Specification of Automatic Repo Market.
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