Weekly Money Market Wrap
Money market boost: TONIA gets back to 14% whilst volume hits the highest from the BoY
TONIA returned to its previous levels beginning with 13.61% on Monday and concluding the week with 14.02% on Friday. Transaction volumes resulted in KZT942.72 bn on average which is 59.63% higher than the week before (KZT590.57 bn on April 4-8).
Tengri Partners offers both local and international clients unlimited access to Kazakhstan’s money-market instruments including the repo market of up to 28 days, notes issued by the National Bank of Kazakhstan of up to 6-months and sovereign bonds of up to 1-year.