Kazakhstan Weekly Money Market Wrap
Repo rates have broken the lower boundary of the base rate corridor
Overnight repo rates continued their downward trend, having crossed the lower boundary of the base rate and amounted to 12.80% by the end of the week. TRION moved [...]
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 the previous week concluding the trading week with 13.06%. TRION wrapped up the week at 13.08%, the same [...]
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 resulting in a 9 bps wider corridor than the last week. TRION started the week with 13.51% before [...]