Kazakhstan plans up to $1 bln in eurobonds this year, minister says

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NUR-SULTAN, May 16 (Reuters) - Kazakhstan plans to issue up to $1 billion in eurobonds this year to be sold at its Astana International Financial Centre, Finance Minister Alikhan Smailov told Reuters on Thursday.

"This is so we can refinance foreign-currency loans of our quasi-state companies," he said on the sidelines of an economic conference in Nur-Sultan.

At the same time, Smailov said, plans for a debut sovereign sukuk will not materialise until next year. He provided no further details.

This article appears in: World Markets , Economy , Banking and Loans , US Markets , Stocks , Bonds

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