As of February 1, 2010 state debt of Kazakhstan, issued as GS, along with its servicing totaled KZT 2,278.9 bn. or $15,376.1 mln

/IRBIS, February 1, 2010/ - As of February 1, 2010, the total state debt of Kazakhstan, issued as government securities (GS), along with the servicing (the amount of coupon payments) made in current prices KZT 2,278.9 bn., or the equivalent of USD 15,376.1 million and at the rate of KZT 148.21 per a dollar. IRBIS specialists came to the conclusion after own databases analysis. During this analysis, the amounts of future payments on MEUJKAM and MUIKAM were calculated considering the consumer price index, which was fixed for the period from February 2008 to January 2010 inclusive. From January 1-31, 2009, the total debt increased by KTZ 248.9 billion (+12.3%) or in dollar terms - to $ 1,693.6 million (+12.4%). In December 2009, total debt increased by KTZ 186.6 billion (+10.1%), in dollar terms - to $ 1,287.9 million (+10.4%). The following table contains more detailed information. ------------------------------------------------------------------------ Amount and structure of debt Change ---------------------------- as of for the *Currency of Jan. 31, 2010 as of period ------------- ---------------- Dec. 30, 09 ------------ Issuer issue service bn. KZT stake, % bn. KZT m. KZT % ---------------- ----- ------- ------- -------- ----------- ------ ----- National Bank KZT KZT 685.5 30.1 476.7 +208.8 +43.8 ---------------- ----- ------- ------- -------- ----------- ------ ----- Ministry of 1,593.4 69.9 1,553.2 +40.2 +2.6 Finance incl. face value KZT KZT 1,327.1 58.2 1,293.4 +33.7 +2.6 incl. servicing KZT KZT 266.3 11.7 259.8 +6.5 +2.5 ---------------- ----- ------- ------- -------- ----------- ------ ----- TOTAL 2,278.9 100.0 2,029.9 +248.9 +12.3 incl. face value 2,012.6 88.3 1,770.1 +242.4 +13.7 incl. servicing 266.3 11.7 259.8 +6.5 +2.5 ------------------------------------------------------------------------ *USD is shown as issue currency also in case the face value of bond is expressed in tenge, but the security is indexed on the level of changing of the rate of tenge to US dollar. Grade equivalents at January 31, 2009 held at the rate of KZT 148.21 per U.S. dollar on December 31, 2009 - at the rate of 148.36, and the data in the table reflect the dynamic, evolving besides of that and from exchange rate differences. Similar figures in U.S. dollars are given in the table as follows. --------------------------------------------------------------------------- Amount and structure of debt Change ----------------------------- as of for the *Currency of Jan. 31, 2010 as of period ------------- ----------------- Dec. 31, 09 -------------- Issuer issue service m. USD stake, % m. USD th. USD % ---------------- ----- ------- -------- -------- ----------- -------- ----- National Bank KZT KZT 4,625.1 30.1 3,213.3 +1,411.8 +43.9 ---------------- ----- ------- -------- -------- ----------- -------- ----- Ministry of 10,751.0 69.9 10,469.3 +281.7 +2.7 Finance incl. face value KZT KZT 8,954.0 58.2 8,726.9 +227.1 +2.6 incl. servicing KZT KZT 1,797.0 11.7 1,753.0 +44.0 +2.5 ---------------- ----- ------- -------- -------- ----------- -------- ----- TOTAL 15,376.1 100.0 13,682.5 +1,693.6 +12.4 incl. face value 13,579.1 88.3 11,940.1 +1,639.0 +13.7 incl. servicing 1,797.0 11.7 1,753.0 +44.0 +2.5 --------------------------------------------------------------------------- *USD is shown as issue currency also in case the face value of bond is expressed in tenge, but the security is indexed on the level of changing of the rate of tenge to US dollar. According to data available to the IRBIS output GS of the National Bank of Kazakhstan in January 2010 on the amounts of placement was KZT 240,103.0 million (in December 2009 - KZT 167,550.5 million). In this case the issuer redeemed the notes at $ 32,578.6 million (in December - KZT 38,682.1 million). Thus, the January balance of net borrowing of National Bank on the government securities market amounted plus KZT 207,524.3 million. This compares with December - plus KZT 128,868.4 million (the minus sign in the exponent of balance means that the amount was withdrawn from the budget of the issuer and investors have stayed, "plus" - by the amount the issuer has taken more than repaid) . Ministry of Finance of the Republic of Kazakhstan has attracted during the period KZT 53,860.5 million (in December 2009 - KZT 78,745.4 million) and made a payment of par and the coupon payment of KZT 23,455.8 million (in December - KZT 41,206.2 million). The January balance of net borrowing in the Ministry of Finance estimated IRBIS plus KZT 30,404.7 million (in December - plus KZT 37,539.2 million). In January 2010 the overall balance of net borrowing of Kazakhstan issuers GS IRBIS estimated at plus KZT 237,929.1 million. The corresponding figure in December 2009 - plus KZT 166,407.6 million. IRBIS Agency draws attention of subscribers and the mass media that the data given below are not the official statistics and received as a result of the information analysis, containing in database of the agency on the primary GS market. In part of internal bonds the bases of the agency are adjusted by data provided to IRBIS by Central Securities Depository JSC (Almaty). [2010-02-01]