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Finance Ministry plans to issue securities for 2.2 billion soms in October

In October, the Ministry of Finance of Kyrgyzstan plans to hold four auctions for the sale of government securities for 2.2 billion soms. Website of the National Bank says.

Two issues of state treasury bills (STB) for 100 million soms each with a maturity of 12 months are planned.

In addition, it is expected to issue ten-year government treasury bonds for 1.5 billion soms with a coupon rate of 10 percent. Six-year T-bills will be issued with a coupon rate of 6 percent for 500 million soms.

For 8 months of 2018, the Kyrgyzstan’s budget received 13.6 billion soms from issue of securities.

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