30.05.2011 - Kazakh BTA bank bonds in sharp selloff
Bonds in Kazakhstan's BTA bank extended recent sharp losses on Monday, with the 2025 issue trading at a record low 56 cents on the dollar, following recent results which some said had disappointed investors. BTA, the biggest of the four Kazakh banks to default in 2009, underwent a high-profile debt restructuring last year and is now 81 percent owned by sovereign wealth fund Samruk-Kazyna..............................................Full Article: Source
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