As of November 30, 2001 total state debt of Kazakhstan, issued as GS, equaled KZT320.5bn or $2,157.3m along with servicing

/IRBIS, Dec 3, 01/ - At midnight on November 30, 2001 total state debt of Kazakhstan, issued as government securities (GS), including municipal bonds, along with the servicing equaled KZT320.5bn, or $2,157.3m at KZT148.55 per dollar rate. The specialists of IRBIS came to this conclusion after making the analysis on the database of the agency. From November 4 through 30 total debt decreased by KZT138.7m (0.04%), or $4,572.3 th. (0.21%, taking into account weekly change in the rate of the National Bank). The decrease was attributable to mainly the coupon payment on fourth issue euronotes (XS0111078183) on November 11. Following table contains more detailed information. ------------------------------------------------------------------------------- Amount and structure of debt ---------------------------- Currency of as of Nov 30.01 As of Weekly change --------------- ---------------- Nov 4.01 -------------- Issuer issue servicing bn KZT share, % bn KZT m KZT % ------------------------------------------------------------------------------- National Bank KZT KZT 15.658 4.9 15.142 +516.0 +3.4 ------------------------------------------------------------------------------- Ministry of Finance 299.100 93.3 300.876 -1,776.0 -0.6 incl. face value 215.275 67.2 214.275 +999.7 +0.5 also, domestic GS KZT KZT 70.439 22.0 69.683 +755.9 +1.1 also, euronotes USD USD 144.836 45.2 144.593 +243.8 +0.2 incl. Servicing (interest) 83.825 26.2 86.601 -2,775.7 -3.2 also, domestic GS KZT KZT 30.960 9.7 30.938 +22.6 +0.1 also, euronotes USD USD 52.865 16.5 55.663 -2,798.2 -5.0 ------------------------------------------------------------------------------- Municipals USD KZT 5.714 1.8 4.592 +1,121.3 +24.4 incl. face value USD KZT 4.755 1.5 3.837 +917.8 +23.9 incl. Servicing (interest) USD KZT 0.959 0.30 0.755 +203.5 +26.9 ------------------------------------------------------------------------------- incl. Astana akimat USD KZT 1.000 0.31 0.998 +1.7 +0.2 also, face value USD KZT 0.921 0.29 0.920 +1.6 +0.2 also, servicing (interest) USD KZT 0.078 0.02 0.078 +0.1 +0.2 ------------------------------------------------------------------------------- incl. Atyrau region akimat USD KZT 3.444 1.07 2.326 +1,117.5 +48.0 also, face value USD KZT 2.765 0.86 1.851 +914.4 +49.4 also, servicing (interest) USD KZT 0.679 0.21 0.476 +203.0 +42.7 ------------------------------------------------------------------------------- incl. E-Kz region akimat USD KZT 1.270 0.40 1.268 +2.1 +0.2 also, face value USD KZT 1.068 0.33 1.066 +1.8 +0.2 also, servicing (interest) USD KZT 0.202 0.06 0.202 +0.3 +0.2 ------------------------------------------------------------------------------- TOTAL 320.472 100.0 320.610 -138.7 -0.04 incl. face value 235.688 73.5 233.254 +2,433.4 +1.0 incl. Servicing 84.784 26.5 87.356 -2,572.2 -2.9 ------------------------------------------------------------------------------- OR ------------------------------------------------------------------------------- incl. Internal debt (KZT) 122.770 38.3 120.354 +2,415.8 +2.0 also, face value 90.851 28.3 88.662 +2,189.7 +2.5 also, servicing 31.919 10.0 31.693 +226.1 +0.7 ------------------------------------------------------------------------------- incl. External debt (USD) 197.701 61.7 200.256 -2,554.5 -1.3 also, face value 144.836 45.2 144.593 +243.8 +0.2 also, servicing 52.865 16.5 55.663 -2,798.2 -5.0 ------------------------------------------------------------------------------- The equivalent amounts as of Nov 4, 01 were calculated at KZT148.30 per dollar rate, as of Nov 30, 01 - at KZT148.55. 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 30.01 As of Weekly change --------------- ---------------- Nov 4.01 -------------- Issuer issue servicing m USD share, % m USD th. USD % ------------------------------------------------------------------------------- National Bank KZT KZT 105.4 4.9 102.1 +3,301.4 +3.2 ------------------------------------------------------------------------------- Ministry of Finance 2,013.5 93.3 2,028.8 -15,369.9 -0.8 incl. face value 1,449.2 67.2 1,444.9 +4,298.1 +0.3 also, domestic GS KZT KZT 474.2 22.0 469.9 +4,298.1 +0.9 also, euronotes USD USD 975.0 45.2 975.0 0 0 incl. Servicing (interest) 564.3 26.2 584.0 -19,667.9 -3.4 also, domestic GS KZT KZT 208.4 9.7 208.6 -199.2 -0.1 also, euronotes USD USD 355.9 16.5 375.3 -19,468.8 -5.2 ------------------------------------------------------------------------------- Municipals USD KZT 38.5 1.8 31.0 +7,496.2 +24.2 incl. face value USD KZT 32.0 1.5 25.9 +6,134.7 +23.7 incl. Servicing (interest) USD KZT 6.5 0.30 5.1 +1,361.5 +26.7 ------------------------------------------------------------------------------- incl. Astana akimat USD KZT 6.7 0.31 6.7 0 0 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 23.2 1.07 15.7 +7,496.2 +47.8 also, face value USD KZT 18.6 0.86 12.5 +6,134.7 +49.2 also, servicing (interest) USD KZT 4.6 0.21 3.2 +1,361.5 +42.5 ------------------------------------------------------------------------------- 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 2,157.3 100.0 2,161.9 -4,572.3 -0.21 incl. face value 1,586.6 73.5 1,572.9 +13,734.2 +0.9 incl. Servicing 570.7 26.5 589.1 -18,306.5 -3.1 ------------------------------------------------------------------------------- OR ------------------------------------------------------------------------------- incl. Internal debt (KZT) 826.5 38.3 811.6 +14,896.5 +1.8 also, face value 611.6 28.3 597.9 +13,734.2 +2.3 also, servicing 214.9 10.0 213.7 +1,162.3 +0.5 ------------------------------------------------------------------------------- incl. External debt (USD) 1,330.9 61.7 1,350.3 -19,468.8 -1.4 also, face value 975.0 45.2 975.0 0 0 also, servicing 355.9 16.5 375.3 -19,468.8 -5.2 ------------------------------------------------------------------------------- The agency IRBIS draws the attention of its subscribers and mass media 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).