As of November 4, 2001 total state debt of Kazakhstan, issued as GS, equaled KZT320.6bn or $2,161.9m along with servicing

/IRBIS, Nov 5, 01/ - At midnight on November 4, 2001 total state debt of Kazakhstan, issued as government securities (GS), including municipal bonds, along with the servicing equaled KZT320.6bn, or $2,161.9m at KZT148.30 per dollar rate. The specialists of IRBIS came to this conclusion after making the analysis on the database of the agency. Last week total debt increased by KZT4,473.9m (1.4%), or $27,289.4 th. (1.3%, taking into account weekly change in the rate of the National Bank). Following table contains more detailed information. ------------------------------------------------------------------------------- Amount and structure of debt ---------------------------- Currency of as of Nov 4.01 ------------ ---------------- as of Oct Weekly change issue servi- share 28.01 ----------------- Issuer cing bn KZT % bn KZT m KZT % ------------------- ----- ------ --------- ------ --------- -------- -------- National Bank KZT KZT 15.142 4.7 13.018 +2,123.8 +16.3 ------------------- ----- ------ --------- ------ --------- -------- -------- Ministry of Finance 300.876 93.8 300.819 +57.3 +0.0 incl. face value 214.275 66.8 214.291 -15.5 -0.0 also, domestic GS KZT KZT 69.683 21.7 69.893 -210.0 -0.3 also, euronotes USD USD 144.593 45.1 144.398 +194.5 +0.1 incl. servicing (interest) 86.601 27.0 86.528 +72.8 +0.1 also, domestic GS KZT KZT 30.938 9.6 30.940 -2.3 -0.0 also, euronotes USD USD 55.663 17.4 55.588 +75.1 +0.1 ------------------- ----- ------ --------- ------ --------- -------- -------- Municipals USD KZT 4.592 1.4 2.299 +2,292.9 +99.7 incl. face value USD KZT 3.837 1.2 2.015 +1,822.4 +90.5 incl. servicing (interest) USD KZT 0.755 0.24 0.285 +470.5 +165.2 ------------------- ----- ------ --------- ------ --------- -------- -------- incl. Astana akimat USD KZT 0.998 0.31 0.997 +1.3 +0.1 also, face value USD KZT 0.920 0.29 0.919 +1.2 +0.1 also, servicing (interest) USD KZT 0.078 0.02 0.078 +0.1 +0.1 ------------------- ----- ------ --------- ------ --------- -------- -------- incl. Atyrau region akimat USD KZT 2.326 0.73 0.036 +2,289.8 +6,277.4 also, face value USD KZT 1.851 0.58 0.031 +1,819.7 +5,850.9 also, servicing (interest) USD KZT 0.476 0.15 0.005 +470.1 +8,745.0 ------------------- ----- ------ --------- ------ --------- -------- -------- incl. E-Kz region akimat USD KZT 1.268 0.40 1.266 +1.7 +0.1 also, face value USD KZT 1.066 0.33 1.065 +1.4 +0.1 also, servicing (interest) USD KZT 0.202 0.06 0.201 +0.3 +0.1 ------------------- ----- ------ --------- ------ --------- -------- -------- TOTAL 320.610 100.0 316.137 +4,473.9 +1.4 incl. face value 233.254 72.8 229.324 +3,930.6 +1.7 incl. servicing 87.356 27.2 86.813 +543.3 +0.6 ------------------- ----- ------ --------- ------ --------- -------- -------- OR ------------------- ----- ------ --------- ------ --------- -------- -------- incl. internal debt (KZT) 120.354 37.5 116.150 +4,204.4 +3.6 also, face value 88.662 27.7 84.926 +3,736.1 +4.4 also, servicing 31.693 9.9 31.225 +468.2 +1.5 ------------------- ----- ------ --------- ------ --------- -------- -------- incl. external debt (USD) 200.256 62.5 199.986 +269.6 +0.1 also, face value 144.593 45.1 144.398 +194.5 +0.1 also, servicing 55.663 17.4 55.588 +75.1 +0.1 ------------------------------------------------------------------------------- These figures do not contain the liabilities to the investors on these given dates (the debt is fixed at midnight of these dates). The equivalent amounts as of Oct 28, 01 were calculated at KZT148.10 per dollar rate, as of Nov 4, 01 - at KZT148.30. Therefore, the data shown in the table reflect the dynamics due to the exchange rate differences. Similar figures in U.S. dollars are given in the following table. -------------------------------------------------------------------------------- Amount and structure of debt ---------------------------- Currency of as of Nov 4.01 ------------ ---------------- Weekly as of Oct change issue servi- m share, 28.01 ------------------ Issuer cing USD % m USD th. USD % ------------------- ----- ------ -------- ------- --------- --------- -------- National Bank KZT KZT 102.1 4.7 87.9 +14,202.3 +16.2 ------------------- ----- ------ -------- ------- --------- --------- -------- Ministry of Finance 2,028.8 93.8 2,031.2 -2,353.0 -0.1 incl. face value 1,444.9 66.8 1,446.9 -2,055.9 -0.1 also, domestic GS KZT KZT 469.9 21.7 471.9 -2,052.5 -0.4 also, euronotes USD USD 975.0 45.1 975.0 0 0 incl. servicing (interest) 584.0 27.0 584.3 -297.1 -0.1 also, domestic GS KZT KZT 208.6 9.6 208.9 -297.1 -0.1 also, euronotes USD USD 375.3 17.4 375.3 0 0 ------------------- ----- ------ -------- ------- --------- --------- -------- Municipals USD KZT 31.0 1.4 15.5 +15,440.1 +99.4 incl. face value USD KZT 25.9 1.2 13.6 +12,270.0 +90.2 incl. Servicing (interest) USD KZT 5.1 0.24 1.9 +3,170.1 +164.9 ------------------- ----- ------ -------- ------- --------- --------- -------- incl. Astana USD KZT 6.7 0.31 6.7 0 0 akimat also, face value USD KZT 6.2 0.29 6.2 0 0 also, servicing (interest) USD KZT 0.5 0.02 0.5 0 0 ------------------- ----- ------ -------- ------- --------- --------- -------- incl. Atyrau region akimat USD KZT 15.7 0.73 0.2 +15,440.1 +6,268.8 also, face value USD KZT 12.5 0.58 0.2 +12,270.0 +5,842.9 also, servicing (interest) USD KZT 3.2 0.15 0.0 +3,170.1 +8,733.1 ------------------- ----- ------ -------- ------- --------- --------- -------- incl. E-Kz region akimat USD KZT 8.5 0.40 8.5 0 0 also, face value USD KZT 7.2 0.33 7.2 0 0 also, servicing (interest) USD KZT 1.4 0.06 1.4 0 0 ------------------- ----- ------ -------- ------- --------- --------- -------- TOTAL 2,161.9 100.0 2,134.6 +27,289.4 +1.3 incl. face value 1,572.9 72.8 1,548.4 +24,416.4 +1.6 incl. Servicing 589.1 27.2 586.2 +2,873.0 +0.5 ------------------- ----- ------ -------- ------- --------- --------- -------- OR ------------------- ----- ------ -------- ------- --------- --------- -------- incl. internal debt (KZT) 811.6 37.5 784.3 +27,292.8 +3.5 also, face value 597.9 27.7 573.4 +24,419.8 +4.3 also, servicing 213.7 9.9 210.8 +2,873.0 +1.4 ------------------- ----- ------ -------- ------- --------- --------- -------- incl. external debt (USD) 1,350.3 62.5 1,350.3 0 0 also, face value 975.0 45.1 975.0 0 0 also, servicing 375.3 17.4 375.3 0 0 ------------------------------------------------------------------------------- Below is the schedule of payments of the state debt of Kazakhstan, including the servicing amounts (coupon payments) in bn KZT. In order to get a similar table in U.S. dollars the values shown in the table should be divided into 148.30. ---------------------------------------------------------------------- National Bank Ministry of Finance Municipals --------- -------- --------- ---------- --------- -------------- Year principal interest principal interest principal interest TOTAL ----- --------- -------- --------- ---------- --------- -------- ----- 2001 9.7 - 1.1 4.9 - 0.03 15.7 2002 5.4 - 59.1 23.2 0.9 0.3 89.0 2003 - - 13.0 17.8 1.2 0.2 32.3 2004 - - 50.0 15.7 1.1 0.1 66.8 2005 - - 3.2 9.5 - 0.1 12.7 2006 - - 1.4 9.2 0.7 0.1 11.3 2007 - - 86.3 6.3 - - 92.6 2008 - - 0.2 0.01 - - 0.2 ----- --------- -------- --------- ---------- --------- -------- ----- TOTAL 15.1 - 214.3 86.6 3.8 0.8 320.6 ---------------------------------------------------------------------- The agency IRBIS draws the attention of its subscribers to the fact that these data are not official and were obtained through an analysis of the information on primary GS market from the databases of the agency. The agency IRBIS also draws the attention of the mass media that this material was prepared by the agency IRBIS and not by the Kazakhstan Stock Exchange (KASE).