Published
05/28/2025, 16:48Kyrgyzstan for the first time issued sovereign Eurobonds for $700 mln with coupon rate of 7.75% and circulation period of 5 years. This was reported in the Ministry of Finance.
The total volume of investors' bids to buy the bonds exceeded $2.1 bln - it is three times more than the volume of the placement itself. More than 100 international investors from the UK, the US, Europe and Asia took part in the purchase of the bonds.
“The high interest in Kyrgyzstan's bonds reflects the growing confidence in the country's macroeconomic policy, the stability of its financial system, as well as the efforts of the President and the Cabinet to improve transparency, budget discipline and integration into the global financial markets,” the Ministry of Finance said.
The successful placement of Eurobonds is seen as an important step to strengthen the country's investment image and attract long-term funds for the development of infrastructure, energy and improving the sustainability of public finances.
Translated with DeepL.com (free version)
