Published
05/31/2026, 18:06Following the auction for the placement of two-year government treasury bonds, held on May 22 on the Kyrgyz Stock Exchange, the issue’s weighted average yield stood at 13% per annum.
Initially, the Ministry of Finance had planned to raise 550 million KGS through the bond placement. However, investor demand exceeded supply and reached 596.5 million KGS.
As a result, the entire offered volume was placed, and the actual amount of bond sales exceeded the initial offering volume by 46.5 million KGS.
A distinctive feature of the auction was the lack of variation in the yields of the accepted bids. The minimum, maximum, and weighted average yields were all 13%.
The placed bonds have a maturity of two years and a coupon rate of 5% per annum. At the same time, the final market yield turned out to be significantly higher than the coupon rate due to the mechanism of placing government securities at a discount.
