As of January 1, 2012 the amount of debt of Kazakhstan, issued in the form of government securities together with servicing amounted to KZT3,135.0 billion ($21,125.6 million)

/IRBIS, January 10, 2012/ - As of January 1, 2012 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 3,135.0 billion or equivalent to 21,125.6 million U.S. dollars on the rate of 148.40 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 from November 2009 to December 2011. From December 1-31, 2011 total debt rose by 103.1 billion tenge (+3.4%) or in dollar terms - by $600.4 million (+2.9%). In November 2011, total debt decreased by 76.0 billion (-2.4%) or in dollar terms - by $540.2 million (-2.6%). The following table provides more detailed information in KZT. ----------------------------------------------------------- Sum and structure of debt ------------------------- on Dec 31 on Nov 30 Change ---------------------------------------------- for period bln. Quota, bln. ------------- Issuer KZT % KZT bln. KZT % ------------------- -------- ------ --------- -------- ---- National bank 513.2 16.4 505.0 +8.2 +1.6 ------------------- -------- ------ --------- -------- ---- 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 2,605.6 83.1 2,510.7 +94.9 +3.8 Including nominal 2,081.3 66.4 2,000.6 +80.7 +4.0 Including service 524.3 16.7 510.1 +14.2 +2.8 ------------------- -------- ------ --------- -------- ---- Total 3,135.0 100.0 3,032.0 +103.1 +3.4 Including nominal 2,607.5 83.2 2,518.7 +88.8 +3.5 Including service 527.6 16.8 513.3 +14.2 +2.8 ----------------------------------------------------------- * 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 September 30, 2011 was done at the rate of 148.40 tenge per U.S. dollar, on August 31, 2011 - at the rate of 147.42, 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 ------------------------- Dec 31 Nov 30 Change ---------------------------------------------- For period mln. quota, mln. ------------- Issuer USD % USD mln. USD % ------------------- --------- ------ -------- -------- ---- National bank 3,458.3 16.4 3,418.9 +39.4 +1.2 ------------------- --------- ------ -------- -------- ---- Akimat of Almaty 109.3 0.5 109.8 -0.5 -0.5 Including nominal 87.6 0.4 88.0 -0.4 -0.5 Including service 21.7 0.1 21.8 -0.1 -0.5 ------------------- --------- ------ -------- -------- ---- Ministry of Finance 17,558.0 83.1 16,996.5 +561.5 +3.3 Including nominal 14,024.8 66.4 13,543.3 +481.4 +3.6 Including service 3,533.3 16.7 3,453.1 +80.1 +2.3 ------------------- --------- ------ -------- -------- ---- Total 21,125.6 100.0 20,525.2 +600.4 +2.9 Including nominal 17,570.6 83.2 17,050.2 +520.4 +3.1 Including service 3,555.0 16.8 3,475.0 +80.0 +2.3 ----------------------------------------------------------- - 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 Dec 2011 on the amounts of placement was 239,175.4 million tenge (in Nov 2011 - 42,901.5 million tenge). The issuer redeemed the notes to the amount of 232,034.9 million tenge (Nov - 190,644.7 million tenge). Thus, the December surplus of net borrowing of National Bank on the government securities market amounted to plus 7,140.4 million tenge. The corresponding figure in November 2011 - minus 147,743.1 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 80,520.3 million tenge (in Nov 2011 - 51,100.0 million tenge), but paid the par value of bonds and the coupon of 4,594.1 million tenge (in Nov - 16,006.0 million tenge). The December surplus net borrowing in the Ministry of Finance is estimated at plus 75,926.2 million tenge (in November 2011 - plus 16,006.0 million tenge). In December 2011 the total net borrowing balance of Kazakh issuers of GS was estimated by IRBIS as plus 83,066.7 mln. The corresponding figure in November 2011 is minus 131,737.1 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). [2012-01-10]