Regular revision of MSE Index of bonds-OMB
Wednesday, April 15, 2009
On 15.04.2009 the MSE Index Commission made a regular revision of MSE Index of bonds-OMB.

The MSE Index Commission decided that the following elements will construct the OMB Index: Bonds for settlement of liabilities of the owners of foreign currency deposits (RM01), Denationalization – First issue (RMDEN01), Denationalization – Second issue (RMDEN02), Denationalization – Third issue (RMDEN03), Denationalization – Fourth issue (RMDEN04), Denationalization – Fifth issue (RMDEN05), Denationalization – Sixth issue (RMDEN06), Denationalization – Seventh issue (RMDEN07) and Denationalization – Eight issue (RMDEN08).

According to the Methodology for calculation of OMB, and the participation of each bond-element in the Index, in the total bond turnover in the period between two revisions (16.01.2009-15.04.2009), the MSE Index Commission determined the influence of each element in the OMB Index movement, taking into consideration that the weight of each element can not be above 30%.

Taking into consideration that from the day of listing (09.04.2009) until the day of regular revision of OMB, the Denationalization bond – Eight issue has a dominant participation in the turnover in bonds, and for the  purpose OMB to present the real movements of prices of bonds on Macedonian stock exchange, the MSE Index Commission decided that the Denationalization bond – Eight issue (RMDEN08) will be included in OMB Index.

The next regular revision of OMB is on 15.07.2009.