Foreign investors lift Kazakhstan local currency bond holdings to nearly $5bn
Updated
Updated · Astana Times · May 4
Foreign investors lift Kazakhstan local currency bond holdings to nearly $5bn
5 articles · Updated · Astana Times · May 4
At the ADB annual meeting in Samarkand, regulator Nurzhan Tursunkhanov said holdings rose from $2bn last year after reaching levels once seen as aspirational.
He said the jump reflects confidence in Kazakhstan's policymaking and institutions, with predictable official actions seen as a cornerstone of a well-functioning capital market.
ADB and regional officials said deeper capital markets and CAREC coordination are needed to reduce reliance on banks, finance long-term projects and attract more sustainable investment across Central Asia.
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