{"id":392465,"date":"2026-04-15T00:34:20","date_gmt":"2026-04-15T00:34:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/392465\/"},"modified":"2026-04-15T00:34:20","modified_gmt":"2026-04-15T00:34:20","slug":"kazakh-sovereign-fund-issues-central-asias-first-panda-bond-in-milestone-sale","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/392465\/","title":{"rendered":"Kazakh sovereign fund issues Central Asia\u2019s first panda bond in \u2018milestone\u2019 sale"},"content":{"rendered":"<p>A leading sovereign wealth fund from Central Asia has cast a vote of confidence in Chinese debt and the country\u2019s currency by becoming the first institution from the region to sell yuan-denominated debt, known as <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/news\/china\/diplomacy\/article\/3343347\/africas-yuan-pivot-why-more-top-lenders-are-eyeing-chinas-bond-market?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">panda bonds<\/a>, in China\u2019s onshore market.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The decision by Kazakhstan\u2019s sovereign wealth fund, Samruk-Kazyna, to sell 3 billion yuan (US$440 million) in China\u2019s interbank market comes as global investors are looking for safe havens amid geopolitical uncertainties such as the Iran war.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The three-year bond was priced at a \u201crecord-low\u201d annual yield of 2.18 per cent, the fund said in a news release issued on Monday, noting that reflected the high level of confidence among Chinese institutional investors.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Samruk-Kazyna, which managed an estimated US$88 billion in assets at the end of last year, is Kazakhstan\u2019s largest state-owned asset management institution.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cThis is an important step in our integration into global capital markets \u2013 our first entry into China\u2019s domestic market,\u201d the fund\u2019s chairman, Nurlan Zhakupov, said at the listing ceremony at the Astana International Exchange.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">He said the issuance \u201cmarked an important milestone in strengthening the strategic partnership between Kazakhstan and China\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"A leading sovereign wealth fund from Central Asia has cast a vote of confidence in Chinese debt and&hellip;\n","protected":false},"author":2,"featured_media":392466,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[186753,22700,32964,114,9107,1657,184,85,46,17471,12794,186756,186754,186755,186757,67284],"class_list":["post-392465","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-astana-international-exchange","tag-bank-of-china","tag-belt-and-road-initiative","tag-business","tag-central-asia","tag-china","tag-economy","tag-il","tag-israel","tag-kazakhstan","tag-national-development-and-reform-commission","tag-nurlan-zhakupov","tag-panda-bonds","tag-samruk-kazyna","tag-sovereign-wealth-fund-institute","tag-yuan"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/392465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=392465"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/392465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/392466"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=392465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=392465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=392465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}