BAKU, Azerbaijan, February 27. The National Bank of Kyrgyzstan will place its notes for 19.3 billion soms on auction on February 28, Trend reports with reference to the bank.
According to the bank, the maturity rates of the notes are 7, 14, 28 and 91 days.
|
№ of emission |
Value of emission |
Maximum yield (in percent) |
Date of emission |
Maturity date |
|
BD001230308 |
6.4 billion soms ($73 million) |
The discount rate of the National Bank on the date of the auction |
01.03.2023 |
08.03.2023 |
|
BD002230315 |
6.9 billion soms ($78 million) |
The discount rate of the National Bank on the date of the auction |
01.03.2023 |
15.03.2023 |
|
BD004230329 |
4.8 billion soms ($54.9 million) |
The discount rate of the National Bank on the date of the auction |
01.03.2023 |
29.03.2023 |
|
BD013230531 |
1.2 billion ($13 million) |
The rate on the overnight loan of the National Bank on the date of the auction |
01.03.2023 |
31.05.2023 |
An additional placement of two year government short-term bonds, planned on February 27, did not take place due to lack of demand.
Kyrgyz National Bank has been issuing the notes since 1998. The issue of notes is carried out by the National Bank of Kyrgyzstan in order to implement monetary policy that regulates the volume and structure of the money supply in the country.
The nominal value of one note from Kyrgyz National Bank is 10,000 soms ($115). Notes are discount securities with a maturity period of 7, 14, or 28 days.
They are issued in paperless form. As a rule, the bank conducts the auction each Tuesday, with the emission on Wednesday.