Kazakhstan: Extension of service coverage
Clearstream Banking1 would like to inform customers that effective
10 August 2020
it will expand its coverage in Kazakhstan by offering against payment cross-border settlement in Kazakhstan Tenge (KZT) in addition to the current free of payment cross-border settlement.
Impact on customers
The link enhancement is a major milestone for local capital market development and will help foreign investors access the local market for Kazakhstan local denominated government bonds issued by the Ministry of Finance of the Republic of Kazakhstan (MFRK) and short-term notes issued by the National Bank of Kazakhstan.
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.