BIST-KYD Indices Ground Rules are reviewed by BIST-KYD Index Committee (Committee) in scope of the market developments, demands of the market participants and needs arose from the index operations in practice. Based on the recommendations of the Committee, Borsa İstanbul Management decided to make following changes in addition to other small changes made for clarification purposes in BIST-KYD Ground Rules which will be effective as from November 1, 2016:

• In additon to the securities offered to the public, securities sold to qualified investors are also included in BIST-KYD Fixed Rate Corporate Bond, BIST-KYD Floating Rate Corporate Bond and BIST-KYD Corporate Lease Certificates Indices.
• BIST-KYD Corporate Eurobond (USD) and BIST-KYD Corporate Eurobond (USD-TL) Indices will start to be calculated in accordance with the rules described at the attached document as from November 1, 2016 with the starting values of 100.
• The bonds, which have no issue data as of their issue dates, are included in the indices with a price that is calculated by carrying forward its issue price to the previous business day of the day where issue data is available.
• In buyback auctions and reissues, nominal amounts of the securities are updated at the value dates rather than the auction dates.
• The bonds, which are delisted by Borsa İstanbul, are excluded from the corresponding BIST-KYD Debt Securities Indices to be effective from their delisting dates.
• Umbrella fund information available at Takasbank (İstanbul Clearing, Settlement and Custody Bank) is used at periodic reviews of BIST-KYD Fund Indices and exchange traded funds are also considered as eligible for inclusion in the indices based on their fund types.

Please click for the final version of BIST-KYD Indices Ground Rules.