Kazakhstan Weekly Money Market Wrap
Tax week contributed to the movement in both money and foreign exchange markets
This week TONIA moved within the range of 13.50-15.25%, approaching the upper boundary of the NBK base rate corridor by the end of the week. TRION concluded the [...]
Repo rates do not adjust to the previous base rate hike – TONIA is at the lower boundary of the base rate corridor
The rates TONIA and TRION on the overnight repo market remained stable during the whole week, continuing to follow the bottom line of the base rate – 13.50%. For [...]
The NBK placed monthly notes in the amount of KZT530 bn – a record high since October 2021
During the week, overnight repo rates (TONIA, TRION) were unchanged at 13.50% - the level of the lower limit of the base rate corridor. TWINA moved within the 13.47-13.54% [...]
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