OREANDA-NEWS. August 19, 2010. The Risk Committee of Kazakhstan Stock Exchange (KASE) removed from indexes KASE_BY, KASE_BP and KASE_BC matured bonds KZ2C0Y03C692 (KASE, first subcategory of Non-rated debt securities, KIBNb3; KZT1,000, KZT6.1 bn, 14.08.07 - 14.08.10; semiannual coupon 10.00 % APR; 30/360) of Almaty-based Kazinvestbank, reported the press-centre of KASE.

Beginning August 16, 2010 at calculation of KASE_BP KASE will apply adjustment coefficient (К), equal to 0.9998922, at calculation of KASE_BC - 0.9997634, KASE_BY - 1.0203996. Before the date (К) for index KASE_BP was equal to 0.9999043, for KASE_BC - 0.9997918 and 1.0204005 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 once a day 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 of August 16, 2010 "Matured bonds KZ2C0Y03C692 (KIBNb3) of Kazinvestbank removed from KASE" at http://www.kase.kz/en/news/show/1113126

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