09.11.2011 - Kazakhstan credit rating tops Russia for first time on budget
Kazakhstan has a higher debt rating at Standard & Poor’s than Russia for the first time since the Soviet Union collapsed as the central Asian nation spends less of its commodities-fueled wealth than its northern neighbor. Kazakhstan is considering selling its first foreign- currency bonds in more than a decade next year, which may well pave the way to its first sovereign Islamic debt, Deputy Finance Minister Ruslan Dalenov said..............................................Full Article: Source
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