BAKU, Azerbaijan, October 8. 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), the Kazakh Ministry of
Finance said.
“Following J.P. Morgan’s 2026 index classification review,
Kazakhstan was assigned Index Watch – Positive status for the
potential inclusion of the country’s government securities in the
Government Bond Index-Emerging Markets (GBI-EM),” the ministry
said.
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.
“The assignment of this status was an important result of the
joint work of the Ministry of Finance of the Republic of Kazakhstan
and the National Bank of Kazakhstan to develop the government
securities market, improve market infrastructure and increase the
accessibility of Kazakh financial instruments for international
investors,” the ministry said.
The move to the next stage of consideration confirms progress in
integrating Kazakhstan’s government securities market into
international capital markets, the ministry said.
Potential inclusion in the index is expected to broaden the
foreign investor base, increase liquidity and reduce borrowing
costs.
