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Kazakhstan yield curve: Long-term rates continued to rise after regulatory easing

Name: 12/11/2012. Halyk Finance: Kazakhstan yield curve: Long-term rates continued to rise after regulatory easing
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

12/11/2012 | Halyk Finance

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The long-term rates on Kazakh government bonds rose in October by up to 120bp,continuing the three-month trend. We associate the steepening with the lack of demand from pension funds due to regulatory easing, which came into effect earlier in October.

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