12.02.2015, 16:12
KASE Board of Directors approves amendments to Methodology of Securities Valuation
OREANDA-NEWS. Following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors of February 11, 2015 amendments No. 6 to KASE internal document "Methodology of Securities Valuation" (Methodology) were approved, with effect from February 17, 2015.
The amendments were related to restructuring of KASE list as of January 1, 2015 and carry editorial character in nature. Amendments remove the formal dependence of the value of discount of the repo transactions' subject upon the official list category, where it is quoted, since there was no such dependence in fact.
As before, in accordance with the Methodology, the value of discount of the market price of the repo transactions; subject at opening of these transactions is set in KASE trading system depending upon availability or absence of a credit rating of securities used as a repo transaction subject, and in case of availability of a rating – upon its level.
The amendments were related to restructuring of KASE list as of January 1, 2015 and carry editorial character in nature. Amendments remove the formal dependence of the value of discount of the repo transactions' subject upon the official list category, where it is quoted, since there was no such dependence in fact.
As before, in accordance with the Methodology, the value of discount of the market price of the repo transactions; subject at opening of these transactions is set in KASE trading system depending upon availability or absence of a credit rating of securities used as a repo transaction subject, and in case of availability of a rating – upon its level.
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