Report
Alexander Golinsky ...
  • Tom Levinson

Kazakhstan Fixed Income - Clearstream to Open a New Door

Kazakhstan is opening up its local public debt market to international investors, as Clearstream will start settling government bonds and National Bank notes in July. However, local market constraints mean that international investors are likely to focus on NBK notes rather than government bonds, in our view. Overall, we think that foreign ownership of NBK notes could rise from the current 8.4% ($1.1 bln) to 15% by year end.
Provider
Sberbank
Sberbank

​Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.

Analysts
Alexander Golinsky

Tom Levinson

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