Kazakhstan’s cenbank to focus on short-term debt securities

ALMATY (Reuters) – Kazakhstan’s Central Bank says will stop sales of 182-day debt securities, or notes, and limit the issuance of 91-day ones to 100 billion tenge ($211 million) in order to focus on managing short-term liquidity, it said on Friday.

Foreign investors held about 75 billion tenge ($158 million)worth of the bank’s notes as of March 25, down from almost twice as much a week earlier, according to official data.

($1 = 474.3900 tenge)

(Reporting by Olzhas Auyezov; Editing by Jon Boyle)

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