Central Asia

The unusual flight path of Kazakhstan's first Falcon bond

Kazakhstan's first offshore renminbi bond makes little financial sense but might go some way to repairing the suspicion built up of Belt and Road Initiatives in the country.

The club of cutely named foreign bonds has a new such member. At the end of March, the first Falcon bond joined Kangaroo, Samurai and Panda bonds.

¬ Haymarket Media Limited. All rights reserved.

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