BISHKEK, Kyrgyzstan, May 28. Kyrgyzstan has placed its first-ever sovereign eurobonds on international financial markets, Trend reports, citing the country’s Ministry of Finance.
The bonds were issued for $700 million with a coupon rate of 7.75 percent and a maturity of five years.
Investor demand peaked at over $2.1 billion, resulting in a threefold oversubscription relative to the final deal size. The issuance attracted participation from more than 100 international investors across the UK, the US, Europe, and Asia.
According to information, the strong investor interest reflects growing confidence in Kyrgyzstan’s macroeconomic policies, the resilience of its financial system, and the commitment of the government to transparency, fiscal discipline, and deeper integration into the global financial system.
The ministry emphasized that the successful eurobond debut marks a significant milestone in enhancing the country’s investment profile and mobilizing long-term resources for infrastructure and energy development, while also strengthening the sustainability of public finances.
A eurobond is a type of debt security issued on the international (offshore) bond market rather than within the issuer’s domestic market.
