AKIPRESS.COM - The authorities of Kazakhstan plan to enter Russia’s bond market with state securities this year, TASS reported with reference to the First Deputy Prime Minister and Finance Minister of Kazakhstan Alikhan Smailov.

"This year we plan to enter the Russian bond market with at least $500 mln," he said, adding that on the Russian market "rates are cheaper, while the currency risk is minimum."

The plan is to enter the Russian bond market "within a month or two," Smailov clarified. "The issue is about Kazakhstan’s treasury bonds," he noted.