Trading ideas department

We are raising our inflation forecast from 6.5% to 7.0% by the end of 2021, while we do not exclude an even more significant acceleration of inflation.

Overview of retail trade of RK

Non-bank investors acquired the bulk of the long government securities of the Ministry of Finance of the Republic of Kazakhstan in the primary market

We maintain our current forecast for inflation at 6.5% for 2021.

Growth in market rates is gradually spreading to short government securities

The volume of tenge bonds of the Ministry of Finance of the Republic of Kazakhstan in circulation since the beginning of the year increased from KZT9.5 to KZT10 trillion

The new record of the volume of investments of foreign investors in government securities of the Republic of Kazakhstan has been reached

State budget in 2020

We maintain our forecast of inflation slowdown to 6.5% yoy in 2021.

The Ministry of Finance of the Republic of Kazakhstan has placed bonds for more than 500 billion tenge since the beginning of the year