Information on a new plan for debt restructuring in the amount of $ 3.3 billion of the International Bank of Azerbaijan (IBA) forced the Kazakh ministers to sit down for calculations. One of the foreign creditors of the bank, as you know, is the Unified Accumulative Pension Fund (UAPF) of Kazakhstan, which for its misfortune in October 2014 purchased IBA bonds worth $ 250 million with a maturity of 10 years and a coupon rate of 8.25% per annum.Th...

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus