TONIA moved in a wider corridor than on the last week resulting in a 43 bps spread (14.25-14.68%). TRION fluctuated in the range of 14.25-14.64% during the week with a spread of 39 bps, which matched the spread from the prior week, however, the rate formed in the lower range than week before (14.31-14.70% on September 19-23). TWINA settled at 14.11% on Friday with an average daily transaction volume reaching KZT62.96 bn (USD131.46 m) (1.72 times previous week’s value).
 

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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.