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).

Download full report


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.