Kazakhstan Weekly Money Market Wrap
A good week for tenge: KZT appreciates on FX and rises in value on repo
TONIA showed 15.02% during the week at max, concluding the period with a slight decrease to 14.88%. TRION was boosted up to 15.04% finishing the week with 14.87%. TWINA followed [...]
NBK’s reduction of notes led to a shortage of investment alternatives in short-term risk-free securities
NBK previously stepped out from the issuance of 3-month and 6-month notes (since June and March 2022, respectively), going on with weekly issuances of 1-month notes. Now the [...]
By the end of September, overnight repo rates settled above the base rate
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 [...]