The issuance of a sovereign panda bond, in addition to a dim sum bond from the Development Bank of Kazakhstan, will give the country Renminbi benchmarks.
The Hong Kong exchange operator will collaborate with Kazakhstan’s financial hub on carbon markets, green finance and commodities, while exploring cross-border listings with Astana International Exchange.
The Astana International Financial Centre was established to support a modernised finance sector and capital market in central Asia’s largest economy. AIFC’s governor Renat Bekturov spoke to FA about the financial hub's progress, challenges and ambition.
While multilateral agencies have long invested along ESG lines, the first green bond in Kazakhstan and private equity demand in Uzbekistan show that it is going mainstream.
FinanceAsia’s weekly editorial highlights our unique capital markets news from the past week and places them in context of the bigger picture for the months ahead. We welcome your comments and criticisms. Enjoy the Easter break.
Kazakhstan's first offshore renminbi bond makes little financial sense but might go some way to repairing the suspicion built up of Belt and Road Initiatives in the country.
Timothy Bennett, CEO of the Astana International Exchange, talks to FinanceAsia about how his lessons learnt running the NZX will help get Kazakhstan's second stock exchange's engine running.
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