The National Bank has invested 595.5 billion tenge of Kazakhstani citizens' pension savings in government securities of 18 countries, Tengrinews.kz reported.
A document titled "Structure of Investment Portfolio on Pension Assets Formed at the Expense of Mandatory Pension Contributions, Mandatory Professional Pension Contributions, and Voluntary Pension Contributions" has been published on the website of the Unified Accumulative Pension Fund.
The majority of the investment transactions are associated with the acquisition of government securities totaling 595.5 billion tenge.
These countries include:
USA: 220.8 billion tenge
Indonesia: 33.3 billion tenge
Panama: 21.3 billion tenge
Romania: 8.9 billion tenge
Philippines: 4.9 billion tenge
Mexico: 4.4 billion tenge
Poland: 1.9 billion tenge
Additionally, the list of purchased government securities includes Qatar, Brazil, Saudi Arabia, Colombia, Peru, Morocco, Hungary, Israel, Russia, Kuwait, and the UAE.
The current value of the investment portfolio of pension assets managed by the National Bank is reported to be 16.3 trillion tenge.