The pandemic has shown central bankers and public debt managers that innovation and creativity are needed to maintain borrowing opportunities and keep local currency bond markets functioning.
Currency-linked bonds are simple but powerful instruments that fortify economies and can efficiently finance development projects.
Kazakhstan is becoming a leader among developing countries in the use of local currency finance.
Over-the-counter derivatives allow investors and lenders to price and structure tailor-made funding arrangements to promote long-term infrastructure finance.
Retail bonds provide stability, attract individual investors, and support financial literacy in Asia's growing bond market.
Faced with a slowing global economy, central banks are diversifying their asset management strategies to enhance returns on foreign reserves.
Казахстан становится лидером среди развивающихся стран мира в использовании финансирования в национальной валюте.