The Ministry of Finance raised more than 400 million KGS at 13% on the stock exchange

On August 12, the Ministry of Finance placed two-year government bonds worth 408.1 million KGS on the Kyrgyz Stock Exchange.

Initially, the placement volume was 400 million KGS , but due to increased demand, the Ministry of Finance satisfied investors' applications in full.

According to the results of the auction, the yield on the securities was 13%, with a coupon rate of 5%. The maximum rate at the auction reached 13.02%. The Ministry of Finance offered investors the same yield following the auction held on August 22. However, at that time, demand was lower than the ministry's stated offer by more than 17%.