As of December 1, 2011 the amount of debt of Kazakhstan, issued in the form of government securities together with servicing amounted to KZT3,032.0 billion ($20,525.2 million)

/IRBIS, December 5, 2011/ - As of December 1, 2011 public debt of Kazakhstan, issued in the form of government securities (GS), together with the service (the sum of coupon payments) amounted at current prices KZT 3,032.0 billion or equivalent to 20,525.2 million U.S. dollars on the rate of 147.72 tenge per U.S. dollar. This was concluded by IRBIS specialists in the analysis of their own databases. When conducting this analysis, the amounts of future payments on MEUJKAM and MUIKAM were calculated taking into account the consumer price index, which was recorded for the period from August 2009 to November 2011. From November 1 to 30, 2011 total debt amount fell by 76.0 billion tenge (-2.4%) or in dollar terms - by $540.2 million (-2.6%). In September 2011, total debt decreased by 31.8 billion (-1.0%) or in dollar terms - by $167.9 million (-0.8%). The following table provides more detailed information in KZT. ------------------------------------------------------------- Sum and structure of debt -------------------------- on Nov 30 On Oct 31 Change ------- ------------------- for period bln. Quota, bln. -------------- Issuer KZT % KZT bln. KZT % ------------------- ------- ------ - --------- -------- ----- National bank 505.0 16.7 , 652.6 -147.6 -22.6 ------------------- ------- ------ - --------- -------- ----- Akimat of Almaty 16.2 0.5 , 16.2 0 0 Including nominal 13.0 0.4 13.0 0 0 Including service 3.2 0.1 3.2 0 0 ------------------- ------- ------ - --------- -------- ----- Ministry of Finance 2,510.7 82.8 , 2,439.1 +71.6 +2.9 Including nominal 2,000.6 66.0 1,959.6 +41.0 +2.1 Including service 510.1 16.8 479.5 +30.6 +6.4 ------------------- ------- ------ - --------- -------- ----- Total 3,032.0 100.0 3,108.0 -76.0 -2.4 Including nominal 2,518.7 83.1 2,625.3 -106.6 -4.1 Including service 513.3 16.9 482.7 +30.6 +6.3 ---------------------------------- - ------------------------ * 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 of equivalents at November 30, 2011 was done at the rate of 147.72 tenge per U.S. dollar, on October 31, 2011 - at the rate of 147.54, so the data in the table reflect the dynamics, folding, among other things, from exchange rate differences. *Similar data in U.S. dollars as follows. ------------------------------------------------------------ Sum and structure of debt ------------------------- by Aug 31 By Jul 31 --------------- --------- Change For period mln. quota, mln. -------------- Issuer USD % USD mln. USD % ------------------- -------- ------ --------- -------- ----- National bank 3,418.9 16.7 4,423.5 -1,004.6 -22.7 ------------------- -------- ------ --------- -------- ----- Akimat of Almaty 109.8 0.5 110.0 -0.1 -0.1 Including nominal 88.0 0.4 88.1 -0.1 -0.1 Including service 21.8 0.1 21.9 -0.03 -0.1 ------------------- -------- ------ --------- -------- ----- Ministry of Finance 16,996.5 82.8 16,532.0 +464.5 +2.8 Including nominal 13,543.3 66.0 13,282.1 +261.2 +2.0 Including service 3,453.1 16.8 3,249.9 +203.3 +6.3 ------------------- -------- ------ --------- -------- ----- Total 20,525.2 100.0 21,065.4 -540.2 -2.6 Including nominal 17,050.2 83.1 17,793.7 -743.4 -4.2 Including service 3,475.0 16.9 3,271.7 +203.2 +6.2 ------------------------------------------------------------ - 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 dollar. According to information available to IRBIS, the volume of GS from National Bank of Kazakhstan in Nov 2011 on the amounts of placement was 42,901.5 million tenge (in Oct 2011 - 23,849.9 million tenge). The issuer redeemed the notes in the amount of 190,644.7 million tenge (Oct - 118,437.0 million tenge). Thus, the November surplus of net borrowing of National Bank on the government securities market amounted to minus 147,743.1 million tenge. The corresponding figure in October 2011 is minus 94,587.1 million tenge ("minus" sign in the exponent of balance means that the amount was withdrawn from the budget of the issuer and has remained among investors, "plus" - for that amount the issuer has taken longer than repaid). Ministry of Finance of the Republic of Kazakhstan has attracted over the period 51,100.0 million tenge (in Oct 2011 - 74,884.3 million tenge), but paid the par value of bonds and the coupon payments of 35,094.0 million tenge (in Oct - 34,728.9 million tenge). The November surplus of net borrowing in the Ministry of Finance is estimated at plus 16,006.0 million tenge (in October 2011 - plus 40,155.4 million tenge). In November 2011 the total net borrowing balance of Kazakh issuers of GS was estimated by IRBIS as minus 131,737.1 mln. The corresponding figure in October 2011 is minus 54,431.8 mln. 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). [2011-12-05]