Íø±¬³Ô¹Ï

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
≔ Menu
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. Clearstream to include Kazakh government bonds
Industry news

Clearstream to include Kazakh government bonds


19 January 2018 Astana
Reporter: Zsuzsa Szabo

Generic business image for news article
Image: Shutterstock
Clearstream is set to introduce local government securities of the Republic of Kazakhstan into its international clearing system within the first half of 2018.

The initiative, which is partnership with National Bank of Kazakhstan will allow government securities, including short-term notes of the national bank to be cleared with the aim of expanding the access of foreign investors to the Kazakh stock market and subsequently increase liquidity.

According to Clearstream, the rollout of the settlement system for government bonds through clearing house will enlarge the country’s long-term funding sources, reduce the cost of borrowing for the government, and will positively impact the yield curve formation and development of the Kazakhstan stock market.

Philip Brown, co-CEO of Clearstream Banking, said: “This cooperation is in line with our broader strategy in the Commonwealth of Independent States and Central Asian region.â€

“For more than 20 years, we have enabled emerging capital markets in the region to connect to international investors, increasing their investment appeal by providing a low-risk, efficient post-trade environment.â€

“This strategy has already proven successful in Armenia and Georgia and we are convinced that we will be able to provide the same benefits to the Kazakh capital markets.â€
← Previous industry article

S&P reaffirms OCC’s AA+ rating
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Liquidity
→ Yield
→ Yield Curve

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →