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Ministry of Finance to issue securities for almost billion soms in June

The Ministry of Finance of Kyrgyzstan will issue securities worth almost 1 billion soms in June, most of which will be treasury bonds. Such data are presented on the official website of the department.

It is reported that in the first month of the summer, four auctions for government treasury bills (STB) are planned. A total of 340 million soms is expected to be gained from their sale. There will be two issues of the State Treasury Bonds with a coupon rate of 11 percent and a maturity of 2-5 years. The Ministry of Finance hopes to earn 630 million soms on them.

Due to the issue of valuable government securities, the country’s domestic debt will grow by 970 million soms.

Note, Kyrgyzstan’s public debt increased by $ 59 million in April and reached $ 4, 219, 47 billion (284, 814, 39 billion soms). Internal debt is estimated at $ 371, 79 million (25, 95, 99 billion soms).