According to NSC the sum of Kazakhstan's pension founds' net assets at the beginning of November - $417.1 million

/IRBIS, Nov.11, 99/ - According to the National Securities Commission (NSC) sum of net pension assets (PA) in republic (pension assets minus commission compensations charged and accounts payable of pension payments) as of October 01, 1999 has made 58,401.7 million tenges or $417.1 million at the average weighted exchange rate of this date. Comparable parameter for October 01 is 56,237.3 million tenges or $397.1 million. During a month assets have grown by 3.7% in tenges and by 1.2% in dollars. The growth in the previous month was 5.9% in tenges and 5% in dollars. At the beginning of November the complete sum of PA has made 58,497.4 million tenges, from them 58,160.4 million was invested. The share of State Accumulative Pension Found has decreased during a month from 57.4% to 53.8%. In total 6 Pension Assets Managing Companies (PAMC), 14 non-state and one state Accumulative Pension Found worked in the country. Invested assets were distributed among financial tools as follows (in brackets - corresponding parameter on September 01): - internal State Securities of the Ministry of Finance (KZT) - 1.04% (1.04%); - internal State Securities of the Ministry of Finance (USD) - 54.14% (59.18%); - eurobonds of the Kazakhstan sovereign debt (USD) - 38.81% (33.67%); - the National Bank notes (KZT) - 0.04% (0.89%); - the National Bank notes (USD) - 1.55% (0.66%); - bonds of the local executive bodies of Kazakhstan (USD) - 0.09% (0.09%); - non-state securities (KZT) - 0.27% (0.30%); - non-state securities (foreign currencies) - 2.90% (2.94%); - deposits and deposits certificates (KZT) - 0.22% (0.05%); - deposits and deposits certificates (foreign currencies) - 0.94% (1.18%). Note of IRBIS: the analysis is carried out exclusively on data, given to agency by the National Securities Commission of Kazakhstan.