Kazakhstan’s government securities have moved closer to global financial markets. Following a review of the 2026 classification, J.P. Morgan placed Kazakhstan’s bonds on Index Watch-Positive.
Kazakhstan’s Ministry of Finance highlighted that this development paves the way for the potential inclusion of Kazakhstani government securities in the leading emerging-market bond index, the Government Bond Index – Emerging Markets (GBI-EM).
Over the next 12 months, J.P. Morgan experts will assess Kazakhstan’s market accessibility for foreign investors, including access to international clearing and settlement infrastructure and the liquidity of bonds that meet the relevant criteria.
The ministry highlighted that...