Government securities to be placed on stock exchange of Kyrgyzstan
It is planned to launch a pilot project for the placement of government securities on the Kyrgyz Stock Exchange in May. The Deputy Minister of Finance, Director of the Central Treasury Ulan Danikeyev told at a briefing.
According to him, securities are now placed only through the National Bank of Kyrgyzstan. But the issue of their release to a wider audience is being considered.
«Thanks to the placement on the stock exchange, the government securities will be sold in a simplified mode. We want them to be more flexible, we are considering the possibility of issuing annual and semi-annual securities. Government securities are a highly liquid element. We guarantee the return of funds invested in government treasury bills, taking into account the coupon rate,» Ulan Danikeyev said.
