Baku, Azerbaijan, Sept. 2
By Elena Kosolapova - Trend:
Samruk-Kazyna Sovereign Wealth Fund joint-stock company redeemed 20 issues of bonds from the country's National Bank ahead of the schedule, the Kazakhstan Stock Exchange KASE said.
These bonds were issued within the first bond program
Samruk-Kazyna's first bond program was placed in 2009. In general, Samruk-Kazyna issued the debt securities of the entities of the quasi-public sector in the amount of 750 billion tenge (234.94 tenge = $ 1) as part of the program.
Samruk-Kazyna Sovereign Wealth Fund joint-stock company was established in accordance with the decree of the president of Kazakhstan in 2008 to improve the competitiveness and sustainability of the national economy. The fund brings together almost all Kazakhstan's state-owned assets and manages the assets on behalf of the government.
Edited by CN
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