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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration

Kazakh state wealth fund considers up to $2.5 bln borrowing in 2015

Posted on 23 February 2015

Kazakhstan’s sovereign wealth fund Samruk-Kazyna is considering borrowing up to $2.5 billion this year abroad or domestically, depending on market conditions, fund chief Umirzak Shukeyev said on Friday. “We will probably need to borrow $2 billion or up to $2.5 billion this year,” Shukeyev told a news briefing. “We are now thinking where to borrow. It will all depend on conditions.”
“If conditions on external markets are attractive enough for us, we will tap foreign markets, although right now we see that the siatuation on the internal market is more favourable for us to borrow.”……………………………………….Full Article: Source


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