Low rates, need to pay Chinese suppliers spark rush to panda and dim sum bonds
Kazakh sovereign wealth fund Samruk-Kazyna, which operates out of these buildings in Astana, has been raising funds through yuan bonds this year. (Nikkei montage/Source photos by Reuters)
LORRETTA CHEN
October 21, 2026 08:52 JST
HONG KONG -- Borrowers from Kazakhstan are taking advantage of ultralow financing costs in the Chinese currency, joining a bond market boom as ties warm between Beijing and Central Asia's largest oil exporter.