Social Fund of Kyrgyzstan invests 12.3 billion soms for eight months of 2024
In January-August 2024, the Social Fund of Kyrgyzstan invested 12,320.6 billion soms from the State Pension Savings Fund. The report was published on the agency’s website.
According to its data, 7,071.7 billion soms were invested in government securities with a yield of 14.95-16.60 percent per annum. Other 5,248.8 billion were placed on deposits in commercial banks for 12 and 18 months with a yield of 13.1-17.2 percent per annum.
During this period, the total investment income amounted to 3,545.6 billion soms.
Of these:
- 2,993.8 billion soms came from government securities;
- 538.3 million — from interest on deposits;
- 11.1 million — from accrued interest on daily balances on the Funds’ accounts;
- 2.4 million — other income.