On August 1, 2010 the amount of debt of Kazakhstan, issued in the form of government securities together with servicing amounted to KZT2,902.8 billion ($19,728.4 million)

01.09.10 18:46
/IRBIS, September 1, 2010/ - On September 1 2010, the amount of public debt of Kazakhstan, issued in the form of government securities (GSB), together with the service (the sum of coupon payments) amounted at current prices KZT2,902.8 billion or the equivalent of 19,728.4 million U.S. dollars rate of KZT147.14 per dollar. That was the conclusion IRBIS experts in the analysis of their own databases. In conducting this analysis, the amount of future payments on MEUZHKAM and MUIKAM in calculating the consumer price index, which was recorded for the period from August 2008 to September 2010. From August 1 to 31, 2010 the total debt increased by KZT68.9 billion (+2.4%) or in dollar terms - to $540.1 million (+2.8%). In July 2010, total debt increased by KZT29.6 billion (+1.1%) or in dollar terms - to $170.8 million (+0.9%). The following table provides more detailed information in KZT. ----------------------------------------------------------- Sum and structure of debt -------------------------- on 31.08.10 on 31.07.10 -------------- ----------- changes over the period In bn. share, In bn. ------------ Issuer KZT % KZT bn. KZT % ------------------- ------- ------ ----------- ------- ---- National bank 976.5 33.6 968.7 +7.8 +0.8 ------------------- ------- ------ ----------- ------- ---- Ministry of Finance 1,926.4 66.4 1,865.2 +61.1 +3.3 Including nominal 1,596.3 55.0 1,549.7 +46.5 +3.0 Including service 330.1 11.4 315.5 +14.6 +4.6 ------------------- ------- ------ ----------- ------- ---- Total 2,902.8 100.0 2,833.9 +68.9 +2.4 Including nominal 2,572.7 88.6 2,518.4 +54.3 +2.2 Including service 330.1 11.4 315.5 +14.6 +4.6 ----------------------------------------------------------- * USD as the currency of issue stated in the case when the nominal bond is expressed in KZT, but the paper is indexed by the level of changes in exchange rate of KZT to the USD. Score equivalents at August 31, 2010 held at the rate of KZT147.14 per U.S. dollar on July 31, 2010 - at the rate of 147.69, so the data in the table reflect the dynamic, evolving others to and from exchange rate differences. * Similar data in U.S. dollars as follows. --------------------------------------------------------------- Sum and structure of debt --------------------------- on 31.08.10 on 31.07.10 --------------- ----------- changes over the period over the period In mln. share, In mln. --------------- Issuer USD % USD mln. USD % ------------------- -------- ------ ----------- --------- ----- National bank 6,636.4 33.6 6,559.0 +77.4 +1.2 ------------------- -------- ------ ----------- --------- ----- Ministry of Finance 13,092.0 66.4 12,629.3 +462.7 +3.7 Including nominal 10,848.5 55.0 10,532.5 +316.1 +3.0 Including service 2,243.5 11.4 2,144.0 +99.4 +4.6 ------------------- -------- ------ ----------- --------- ----- Total 19,728.4 100.0 19,188.3 +540.1 +2.8 Including nominal 17,484.9 88.6 17,091.5 +393.4 +2.3 Including service 2,243.5 11.4 2,144.0 +99.4 +4.6 --------------------------------------------------------------- * USD as the currency of issue stated in the case when the nominal bond is expressed in Tenge, but the paper is indexed by the level of changes in exchange rate of tenge to the dollar. According to data available to the IRBIS output GS of the National Bank of Kazakhstan in August 2010 on the amounts of placement was KZT358,405.6 million (in July - KZT245,185.6 million). In this case the issuer redeemed notes in the amount of KZT351,824.2 million (in July - KZT272,990.2 million). Thus, the August balance of net borrowing of National Bank on the government securities market was plus KZT6,581.4 million. The corresponding figure in July - minus KZT27,804.6 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 over the reporting period KZT75,903.3 million (in July - KZT70,366.4 million) and made a payment of a nominal value of bonds and the coupon for KZT35,279.2 million (in July - KZT32,008.7 million). The August balance of net borrowing Ministry of Finance estimated IRBIS plus KZT40,624.1 million (in July - plus KZT38,357.7 million). In August 2010 the overall balance of net borrowing of Kazakhstan issuers GS estimated IRBIS plus KZT47,205.5 million. The corresponding figure in July - plus KZT10,553.1 million. Agency IRBIS draws the attention of subscribers and the media that the above figures are not official statistics and were obtained from the analysis of the information contained in the databases of agencies on the primary market of government securities. As part of the internal bonds Base Agency reconciled data provided IRBIS of the Central Securities Depository JSC (Almaty). [2010-09-01]