OREANDA-NEWS. April 16, 2010. The Risk Committee of Kazakhstan Stock Exchange (KASE) removed from representative lists of KASE_BY, KASE_BP and KASE_BC bonds KZPC1Y03C330 (TEBNb12; KZT1,000, KZT8.0 bn; 14.04.07 - 14.04.10, semiannual coupon 9.00 % APR; 30/360) of Temirbank (Almaty) after circulation term expired, reported the press-centre of KASE.

Beginning April 14, 2010 at calculation of KASE_BP KASE will use adjustment coefficient (К), equal to 0.9985945, at calculation of KASE_BC - 0.9982437, KASE_BY - 0.9753535. Before the date (К) for index KASE_BP was equal to 0.9986697, for KASE_BC - 0.9982603 and 0.9747052 for KASE_BY accordingly.

KASE_BY - corporate bond yield index.

KASE_BC - corporate bond price index, calculated based on prices without account of accrued (accrued, but not paid) interest thereon (on "net" prices).

KASE_BP - corporate bond price index, calculated with account to all accrued interest thereon, including that not paid.

All indexes are calculated by KASE daily after trade in corporate bonds.

Weight of a bond is limited with fifteen percent. At that only volume of placed and unredeemed bonds according to documents available on KASE shall be taken into account. Restriction is effected through a restriction coefficient.

Earlier KASE released news on April 14, 2010 "Bonds KZPC1Y03C330 (TEBNb12) of Temirbank (Kazakhstan) removed from KASE after circulation term expired" at http://www.kase.kz/en/news/show/1101096

The Methodology of Index Calculation is regulated with the KASE internal document "Stock Market Indicator Calculation Methodology", available at the KASE website at http://www.kase.kz/files/normative_base/indicators_met_eng.pdf