TONIA moved closer to the upper boundary of the base rate (14%±1 pp.) resulting in 14.52-14.92% during the week. Daily average transaction volumes averaged in KZT783.59 bn slightly growing from the prior week – 4.13% up compared with KZT752.50 bn during May 16-20, 2022. The weekly highest rate of 14.92% has been fixed on Friday, May 27, which upgraded the historical high from May 2016.
 

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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.