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2026-09-04

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Resolution of the Monetary Policy Committee of the National Bank of the Republic of Kazakhstan No. 8 of September 3, 2026 "On Establishing the Base Rate"

The Monetary Policy Committee of the National Bank of the Republic of Kazakhstan establishes the base rate at 16.25% per annum, effective September 7, 2026. The resolution sets the interest rate corridor for monetary policy operations with an upper limit of 17.25% and a lower limit of 15.25%. The resolution entered into force on the date of its adoption, and oversight of its implementation is assigned to Deputy Chairman A.M. Baimagambetov.

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REPUBLICAN STATE INSTITUTION<br>"NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN"RESOLUTION OF THE MONETARY POLICY COMMITTEE<br>No. 8<br>City of Astana

On Establishing the Base Rate

In accordance with Article 18-1 of the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan," the Monetary Policy Committee of the National Bank of the Republic of Kazakhstan RESOLVES:

  1. Establish, effective September 7, 2026:
    1. the base rate at the level of 16.25% per annum;
    2. the corridor for the purpose of calculating remuneration rates for main monetary policy operations:

with an upper limit at the level of 17.25% per annum;

with a lower limit at the level of 15.25% per annum.

  1. The Department of Monetary Policy of the National Bank of the Republic of Kazakhstan (R.Zh. Orazalin) to publish this resolution on the official website of the National Bank of the Republic of Kazakhstan.

  2. This resolution shall enter into force from the day of its adoption.

  3. Supervision over the implementation of this resolution shall be entrusted to the Deputy Chairman of the National Bank of the Republic of Kazakhstan A.M. Baimagambetov.

ChairmanT.M. Suleimenov

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Source: National Bank of Kazakhstan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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