OREANDA-NEWS. April 04, 2011. Kazakhstan Stock Exchange (KASE) Risk Committee removed from the KASE representative list of KASE_BY, KASE_BP and KASE_BC indices the following Kazakhstan Kagazy (Almaty Region) bonds, reported the press-centre of KASE:

- KZP01Y20C023 (KASE official list buffer category, KKAGb2; KZT1.119, KZT3.5 bn; April 7, 06 - April 18, 26, semi-annual coupon 13.00 % APR, 30/360);

- KZP02Y22C027 (KASE official list buffer category, KKAGb3; KZT1.1325, KZT3.5 bn; August 22, 06 - August 18, 28, semi-annual coupon 13.00 % APR, 30/360).

Mentioned bonds have been removed from the KASE_B* list due to their trading suspension.

From March 29, 2011, when calculating the index KASE_BP KASE will be used the adjustment coefficient (К), equal to 1.0022325, when calculating KASE_BC - 0.9992727, KASE_BY - 1.5767648. Before the mentioned date (К) for KASE_BP equaled 1.0022457, KASE_BC - 0.9992827 and 1.5260831 for KASE_BY accordingly.                                 

- KASE_BY - corporate bond yield index.

- KASE_BC - corporate bond price index calculated according to the prices without account to accrued (accrued, not paid) interest thereon (by "net"
  prices).

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

- All indicated indices are calculated by KASE once a day according to results of trades in corporate bonds.

Unit weight of each denomination of bond in value of indicators is limited to fifteen percent. At that, only volume of outstanding and not redeemed bonds in accordance with documents available at KASE shall be accounted. The limitation is made through the restrictive coefficient.

Previously KASE published news of March 29, 2011 "KASE suspended trades in bonds KZP01Y20C023 (KKAGb2) and KZP02Y22C027 (KKAGb3) of Kazakhstan Kagazy due to their parameters change" - http://www.kase.kz/en/news/show/1132124

The methodology of calculation of indices is regulated by the KASE internal document "Methodology of Calculation of Stock Market Indicators", available at http://www.kase.kz/files/normative_base/indicators_met_eng.pdf