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Kazakhstan issues RMB 6.6 billion second sovereign Panda bond in China

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  • Kazakhstan’s Ministry of Finance completed its second sovereign Panda bond issuance in China.
  • RMB 6.6 billion was raised through three-year and five-year tranches.
  • Teniz Capital previously underwrote Kazakhstan’s debut RMB 3.4 billion Panda bond on 26 May 2026.
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