Kazakhstan
Bonds of the Ministry of Finance of the Republic of Kazakhstan. Last week, the Ministry of Finance of the Republic of Kazakhstan placed two bond issues for a total of KZT9bn (KZT11bn in the previous week). The yield on 6-year MF notes fell over 20 bps compared to similarly maturing 7-year bonds issued a week earlier. The rate on 9-year government securities rose insignificantly. Thus, the KZT government securities of the Ministry of Finance of the Republic of Kazakhstan rate growth, which has been observed over the past few weeks, has stopped.
National Bank Notes. The National Bank held one auction for the placement of 3-month notes in the amount of KZT453bn with a yield of 9.13%. In the period from April 23 to April 30, foreign investors partially restored their positions in the notes after their earlier interest decline. The portfolio of non-residents of NBK notes increased from T400bn to T449bn, and the number of shares of ownership increased from 12% to 13%. Nevertheless, in April, the ownership of Kazakhstan's domestic public debt by non-residents decreased from T800bn to T702bn.
