Central Asian issuers broaden funding with dim sum bonds, sukuk

Central Asian borrowers are continuing to expand their use of Asian and Islamic capital markets to help fund investment projects. In the last few weeks, the Eurasian Development Bank (EDB) and Kazakhstan’s sovereign wealth fund Samruk-Kazyna completing debut dim sum bond offerings, while Uzbek fintech company Alif Moliya has listed a sukuk in Astana.