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Finance Ministry of Kyrgyzstan to issue securities for 900 million soms in July

The Ministry of Finance of Kyrgyzstan plans to issue government securities for 900 million soms in July. Ministry’s website reports.

Two auctions for the issue of state treasury bills with a circulation period of 12 months are scheduled for the second summer month. In total, the volume of the STB issue will amount to 200 million soms.

In addition, it is planned to issue government treasury bonds and 10-year T-bills with a coupon rate of 10 percent for 500 million soms. Issue of two-year T-bills with a coupon rate of 6 percent for 200 million soms is also planned.

The issue of government securities replenished the budget of Kyrgyzstan by 10,444.45 billion soms for 5 months of 2018.