Annual issue of bonds in Almaty may reach $5-8 billion

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8:11 05.04.2005
text: "Kazakhstan Today"
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The annual volume of the issue of bonds in the Regional Financial Centre in Almaty (RFCA), will reach $5 billion as from the third year of its work. Johannes Berner, manager of a consulting firm "The Boston Consulting Group Inc." (BCG) made such statement at a press conference in Astana, KZ-today correspondent reports.

According to J. Berner, in the fifth year the annual volume of the issue of bonds can reach $8 billion.

Antonio Riera, first vice president of BCG, in his turn responding to questions from journalists about the realism of such forecasts stated that the company was making its suggestions on the basis of its own experience on other markets. He said that if all recommendations of BCG are followed, then, as a rule, the forecasts come true. "The recommendations that we have worked out must be implemented in the briefest possible terms to gain all forecasted profits," - he stressed.