Kazakhstan Finance Ministry to Place Government Bonds on July 21

The Kazakhstan Stock Exchange KASE announced specialized auctions scheduled for July 21, 2026, for the placement of government bonds — MEOKAM with a 3-year maturity and MEUKAM with 5.5- and 7.6-year maturities. Settlement for all issues is planned for July 23. Finance Ministry treasury bonds are traditionally considered the most reliable instruments on the Kazakh market with minimal credit risk. For retail investors seeking conservative tenge-denominated investments, such auctions are directly relevant. Government bond yields benchmark the entire bond market and reflect participant expectations for the National Bank's key rate. Participation in the auctions is available through brokers operating on KASE.