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The multilateral has broken new ground by linking bond repayments to the national CPI
The Kazakh firm's $2 billion restructure was complicated by the fact it wasn't a systemically important financial institution when it defaulted in 2009
The new breed of sovereign bonds to combat the perceived rise in power of holdouts in sovereign restructurings is growing in popularity
Kazakhstan’s sovereign bond has become the first to wholly adopt new model collective action and pari passu clauses
The Asian Development Bank’s co-financing agreement with Kazakhstan highlights the country’s move eastward