Business

Historic KMG Dim Sum Bond Issue Sets New Benchmark for Yuan Financing in Kazakhstan

ASTANA – KazMunayGas’ (KMG) historic issuance of 3.5 billion yuan (US$520.3 million) in Dim Sum bonds could mark a new stage in Kazakhstan’s access to yuan-denominated financing, financial analyst Andrei Chebotaryov said.  The transaction, which includes the first 10-year Dim Sum bonds issued by a company from Kazakhstan and...

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