TEST Cbonds-CBI HY KZ T-spread Index

The weighted average T-spread according to the Kazakhstan corporate high-risk bond market index is calculated on the basis of a portfolio of fixed-rate coupon securities issued in KZT with a remaining maturity of at least 360 days. The index includes securities that were quoted on the Cbonds website for at least 10 trading days last month and have a credit rating of at least B3/B- and not higher than Ba1/BB+ from at least one leading rating agency. The revision of the list of issues forming the index, as well as the inclusion of new issues, is carried out monthly.