OREANDA-NEWS. April 13, 2010. Kazakhstan Stock Exchange (KASE) Risk Committee excluded from KASE_BY, KASE_BP and KASE_BC indices representative list the following subordinated bonds of Subsidiary mortgage organization of joint stock company BTA Bank BTA Ipoteka (Almaty), reported the press-centre of KASE:

- KZP02Y10C113 (KASE official list Non-rated Debt Securities second subcategory, BTAIb12; KZT100, KZT1.0 bn; August 4, 06 - August 4, 16, the semi-annual coupon 7.00 % APR; 30/360);

- KZP03Y10C111 (KASE official list Non-rated Debt Securities second subcategory, BTAIb13; KZT100, KZT1.0 bn; December 28, 06 – December 28, 16, the semi-annual coupon 7.00 % APR; 30/360).

Bonds were excluded due to their complete early repayment.

From April 8, 2010, when calculating the index KASE_BP KASE will be used the adjustment coefficient (К), equal to 0. 9986697, when calculating KASE_BC - 1.9982603, KASE_BY - 0.9747052. Till the mentioned date К for KASE_BP equaled 0.0008876, KASE_BC - 1.9985525 and 0.9738971 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 on this topic KASE published two news o April 9, 2010:

- "Bonds KZP03Y10C111 (BTAIb13) of BTA Ipoteka (Kazakhstan) delisted from KASE after redemption" - http://www.kase.kz/en/news/show/1100639

- "Bonds KZP02Y10C113 (BTAIb12) of BTA Ipoteka delisted after redemption" - http://www.kase.kz/en/news/show/1100638

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