BAKU, Azerbaijan, October 22. Deputy
Chairman of the Management Board for Economics and Finance of
QazaqGaz National Company JSC, Zhanbolat Mirmanov, has held a
working meeting with representatives of the international
investment bank J.P. Morgan, QazaqGaz reports.
During the meeting, the parties discussed the
implementation of QazaqGaz’s large investment projects, the
possibilities of attracting corporate and structured financing, and
the prospects for further cooperation.
J.P. Morgan representatives expressed interest in
expanding cooperation and readiness to consider various financing
instruments to support the company’s strategic projects.
J.P. Morgan is one of the world’s leading financial
institutions, specializing in investment banking, corporate
finance, and capital raising on international financial
markets.
Earlier, the country's Ministry of Finance announced
that Kazakhstan’s government securities have been assigned Index
Watch – Positive status by J.P. Morgan for potential inclusion in
the Government Bond Index-Emerging Markets (GBI-EM).
Over the next 12 months, the accessibility of
Kazakhstan’s government securities market to international
investors will be assessed, including the possibility of access
through international clearing and settlement infrastructure. The
liquidity of the securities that meet the index criteria will also
be assessed.
Potential inclusion in the index is expected to
broaden the foreign investor base, increase liquidity, and reduce
borrowing costs.
