Kazakh oil and gas company considers issuing bonds in yuan.
05.06.2025
5102
Journalist
Shostal Oleksandr
05.06.2025
5102
The Kazakh state oil company KazMunayGas National is exploring the possibility of issuing bonds denominated in yuan as part of attractive foreign financial support. According to CEO Askhat Hasenov, the company is considering all options, and currently the sale of bonds, converting the proceeds into US dollars, and taking loans from Arab countries are being reviewed. Interest in yuan-denominated bond markets is growing, as evidenced by the plans of companies like Nestle and PSA International, as well as Kyrgyzstan. China's monetary policy easing has made these markets extremely attractive to foreign investors due to low rates.
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