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Kazakhstan SWF to move ahead with China onshore panda debut

Lucas Cacioli
The proposed $437 million (CNY3 billion) debut panda bond would mark Samruk-Kazyna’s first foray into China’s onshore debt market.
Kazakhstan SWF to move ahead with China onshore panda debut

Samruk-Kazyna, Kazakhstan’s $82 billion sovereign wealth fund, is preparing a debut panda bond sale in China’s onshore market, underscoring a funding strategy first outlined last year to diversify its currency base and deepen engagement with Asian institutional capital.

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