Home/Kazakhstan Weekly Money Market Wrap

NBK raised the base rate by 50 bps to 14.50% against the accelerating inflation forming beyond target levels

On July 26, the National Bank of Kazakhstan (“NBK”) decided [...]

2022-10-19T20:23:02+06:00August 2nd, 2022|

Money market instruments reflected stable dynamics remaining to form at the lower bound of the base rate corridor

TONIA kept moving within the same range of 13.06-13.42% as [...]

2022-10-18T11:50:42+06:00July 5th, 2022|

Both overnight and 7-day repo rates are forming in the near corridor closer to the lower boundary of the base rate

TONIA moved within the range of 13.07-13.42% during the week [...]

2022-10-18T11:45:28+06:00June 28th, 2022|

Overnight repo volumes are gradually decreasing, while rates are kept mostly near the upper boundary of the corridor

TONIA started the week with 13.81% following a rise by [...]

2022-10-16T18:32:35+06:00May 27th, 2022|