Kazakh oil and gas company considers issuing bonds in yuan.
05.06.2025
922

Journalist
Shostal Oleksandr
05.06.2025
922

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.
Read also
- Suzuki halts production of popular car due to China's restrictions on rare earth elements
- China may lose up to 5% of its wheat harvest due to drought
- The AI Boom Could Undermine the UK’s Decarbonization Plans
- China tries to stop the price war in the electric vehicle market
- China Expands Tax Control for the Wealthy Middle Class
- Ukrainians Will Lose 20% Pension Supplements: Who Will Be Affected by the Changes