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The Azerbaijan-Kyrgyz Development Fund has announced an auction to place 412.3 million KGS in deposits

Published

02/12/2026, 13:04

The Azerbaijan-Kyrgyz Development Fund has announced an auction to place 412.3 million KGS in deposits

The Azerbaijan-Kyrgyz Development Fund has announced an auction to place temporarily available funds in commercial bank deposits.

The placement will be carried out in two currencies. It is planned to allocate 150 million KGS in the national currency and $3 million in foreign currency. The placement parameters are determined by the terms of the auction.

The deadline for confirming the results is set for 19 February 2026.

The fund has become the fifth financial institution to use the mechanism of placing funds through the stock exchange. Previously, other state and quasi-state structures have used a similar instrument, reflecting a trend towards greater transparency and competitiveness in the distribution of resources in the Kyrgyz financial market.


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