Friday August 27 2021
News Source: Global Exchanges
Focus: Stock Exchange Regulation
Type: General
Country: Kazakhstan
Link: https://bit.ly/3DqC94q
On 26th August 2021, Kazakhstan Stock Exchange (KASE) announced that by a decision of the Management Board of Kazakhstan Stock Exchange (KASE) amendments to No. 3 to KASE internal document “Methodology for calculating money market indicators” will become effective from 15th September 2021.
The amendments define the procedure for calculating new indicators of the KASE money market – TONIA Compounded Index (TCI) and TONIA Compounded Rate (TCR).
The TONIA Compounded Index indicator is a TONIA composite index calculated every calendar day. The TONIA Compounded Rate is also calculated every calendar day for moving periods of one, three and six months.
In addition, editorial changes have been made to the text of the Methodology.
The updated text of the Methodology will be published on KASE website soon in the “KASE Rules” section – https://kase.kz/en/kase_rules/
Click on the above link for further information.