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In 2022, the Kazakh railway company aborted plans to issue in dollars
The bank is offering over 100bp of premium to the Kazakh sovereign
Data
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Super-tight trading makes it a difficult buy for some internationals
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Issuer in market as ceasefire with Gaza is under pressure after Hamas stopped the release of hostages
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◆ Issuer initially targeted price over size but achieved both ◆ Makes sterling debuts look easy ◆ Positioning for UK membership?
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The country has suffered liquidity problems
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The company is a regular face in the sukuk market
Sub-sections
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa