Kyrgyz Republic Expands Government Securities Access

In order to expand access for both domestic and foreign investors to the market of publicly placed government securities, issued by the Ministry of Finance of the Kyrgyz Republic, the Cabinet of Ministers of the Kyrgyz Republic issued Directive No. 609-r on November 4, 2022. This directive provides for the placement and circulation of government treasury bonds with a 12-month maturity and government treasury notes with a 2-year maturity, to be issued starting from January 2023, on the trading platform of the Closed Joint-Stock Company “Kyrgyz Stock Exchange”, with the Closed Joint-Stock Company “Central Depository” performing the depository accounting. An Action Plan for the implementation of this pilot project on the trading platform of the Closed Joint-Stock Company “Kyrgyz Stock Exchange” has been approved.

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