🇰🇿 Kazakhstan’s central bank is lining up tokenized government bonds for early 2027
Governor Timur Suleimenov told the 14th Congress of Financiers in Almaty on Nov. 13 that November’s first tokenized note placement on the Kazakhstan Stock Exchange will be followed by a joint bond issue with the Finance Ministry in the first quarter of 2027.
At the Nov. 9 auction the bank sold the entire 50 billion tenge of 91-day notes, and 10 billion tenge of that issue was tokenized. The weighted average yield was 15.72%, with settlement and circulation starting Nov. 11.
He said the legal groundwork and the infrastructure for recognizing instruments, cooperating and sharing information are already there, so the market now has to use them. KASE, the Astana International Financial Centre and Alatau City, he said, should operate as one architecture to pull in more investment.
⭐ State bonds on a tokenized venue would extend a live central-bank test into Kazakhstan’s government debt market.
#Kazakhstan #Tokenization #RWA
Governor Timur Suleimenov told the 14th Congress of Financiers in Almaty on Nov. 13 that November’s first tokenized note placement on the Kazakhstan Stock Exchange will be followed by a joint bond issue with the Finance Ministry in the first quarter of 2027.
At the Nov. 9 auction the bank sold the entire 50 billion tenge of 91-day notes, and 10 billion tenge of that issue was tokenized. The weighted average yield was 15.72%, with settlement and circulation starting Nov. 11.
He said the legal groundwork and the infrastructure for recognizing instruments, cooperating and sharing information are already there, so the market now has to use them. KASE, the Astana International Financial Centre and Alatau City, he said, should operate as one architecture to pull in more investment.
⭐ State bonds on a tokenized venue would extend a live central-bank test into Kazakhstan’s government debt market.
#Kazakhstan #Tokenization #RWA