On September 1, 2011 the amount of debt of Kazakhstan, issued in the form of government securities together with servicing amounted to KZT3,339.4 billion ($22,808.8 million)

/IRBIS, September 1, 2011/ - On September 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 3,339.4 billion or equivalent to 22,808.8 million U.S. dollars on the rate of 146.25 tenge per U.S. dollar. This was conclusion of IRBIS specialists in the analysis of their own databases. In conducting this analysis, the amount of future payments and MEUJKAM and MUIKAM calculated taking into account the consumer price index, which was recorded for the period May 2009 to June 2011. From August 01 to 31, 2011 total debt fell by 123.2 billion tenge (- 3.6%) or in dollar terms - by $ 885.4 million (-3.7%). In July 2011, total debt decreased by 128.8 billion (-3.6%) or in dollar terms - by $ 862.7 million (-3.5%). The following table provides more detailed information in KZT. ------------------------------------------------------------ Sum and structure of debt Sum and structure of debt ------------------------- on Aug 31 On Jul 31 -------- ------ Change For period bln. Quota, bln. -------------- Issuer KZT % KZT bln. KZT % ------------------- -------- ------ --------- -------- ----- National bank 994.5 29.8 1,175.6 -181.2 -15.4 ------------------- -------- ------ --------- -------- ----- Akimat of Almaty 16.6 0.5 16.6 0 0 Including nominal 13.0 0.4 13.0 0 0 Including service 3.6 0.1 3.6 0 0 ------------------- -------- ------ --------- -------- ----- Ministry of Finance 2,328.3 69.7 2,270.4 +57.9 +2.6 Including nominal 1,888.4 56.5 1,845.3 +43.1 +2.3 Including service 440.0 13.2 425.2 +14.8 +3.5 ------------------- -------- ------ --------- -------- ----- Total 3,339.4 100.0 3,462.7 -123.2 -3.6 Including nominal 2,895.8 86.7 3,033.9 -138.1 -4.6 Including service 443.6 13.3 428.8 +14.82 +3.5 ------------------------------------------------------------ * 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, 2011 held at the rate of 146.41 tenge per U.S. dollar, on July 31, 2011 - at the rate of 145.14, so the data in the table reflect the dynamics, folding, among other things, and 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 6,792.3 29.8 8,044.6 -1,252.3 -15.6 ------------------- -------- ------ --------- -------- ----- Akimat of Almaty 113.6 0.5 113.8 -0.2 -0.2 Including nominal 88.8 0.4 89.0 -0.2 -0.2 Including service 24.8 0.1 24.8 -0.05 -0.2 ------------------- -------- ------ --------- -------- ----- Ministry of Finance 15,902.9 69.7 15,535.9 +367.1 +2.4 Including nominal 12,897.8 56.5 12,626.6 +271.2 +2.1 Including service 3,005.1 13.2 2,909.2 +95.8 +3.3 ------------------- -------- ------ --------- -------- ----- Total 22,808.8 100.0 23,694.3 -885.4 -3.7 Including nominal 19,779.0 86.7 20,760.2 -981.3 -4.7 Including service 3,029.9 13.3 2,934.1 +95.8 +3.3 ------------------------------------------------------------ - 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 dollar. According to information available to the IRBIS, the volume of GS from National Bank of Kazakhstan in Aug 2011 on the amounts of placement was 117,440.1 million tenge (in Jul 2011 - 183,618.9 million tenge). The issuer redeemed the notes to the amount of 299,541.6 million tenge (Jul - 345,372.6 million tenge). Thus, the August surplus net borrowing of National Bank on the government securities market amounted to minus 182,101.5 million tenge. The corresponding figure in July 2011 - minus 161,753.7 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 51,700.0 million tenge (in Jul 2011 - 42,065.0 million tenge), but paid the par value of bonds and the coupon of 28,655.2 million tenge (in July - 40,842.5 million tenge). The August surplus net borrowing in the Ministry of Finance is estimated at plus 23,044.8 million tenge (in July of 2011 - plus 6,019.0 million tenge). In August 2011 the total net borrowing balance of Kazakh issuers of GS was estimated by IRBIS as minus 159,056.7 mln. The corresponding figure in July 2011 is minus 155,734.7 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). [2011-09-01]