COINDESK · 2026-11-14 15:38 UTC

Kazakhstan plans tokenized government bonds in first quarter after $22 million note sale

Kazakhstan's National Bank governor Timur Suleimenov said the country aims to issue tokenized government bonds, most likely in the first quarter of 2027, with the Finance Ministry. The plan follows a sale of 50 billion tenge ($112 million) in 91-day central bank notes, including 10 billion tenge in tokenized form, at a 15.72% weighted average yield with demand at 1.4 times the offering. KASE's digital asset platform uses the Solana blockchain with BitGo providing custody, though neither has been confirmed as a participant in the planned bond issuance.

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