Bonds
Kazakhstan Is Considering First Sale of Dollar Bonds Since 2015
- Central Asian nation weighs $1.5 billion bond sale, people say
- Issuance will depend on markets, debt may be sold in euros
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Kazakhstan is considering the sale of benchmark dollar bonds for the first time since 2015 after agreeing to resolve a decade-long dispute over oil and gas assets, according to people with knowledge of the matter.
The central Asian nation, which had billions of dollars of assets frozen during the dispute, is weighing a sale this fall of at least $1.5 billion of bonds, the people said, asking not to be identified because discussions aren’t public.