Кыргызская фондовая биржа

From 2023, government securities will be placed on the trading floor of the Kyrgyz Stock Exchange.

In order to expand access for internal and external investors to the market of publicly placed government securities, the issuer of which is the Ministry of Finance of the Kyrgyz Republic, the Decree of the Cabinet of Ministers of the Kyrgyz Republic of November 4, 2022 № 609-p was adopted that provides for the placement and circulation of GKV*-Bills with a 12-month maturity and GKO*-Bills with 2-year maturity, issued from January 2023, is carried out on the trading platform of the Kyrgyz Stock Exchange, and the depositary records are kept by the Central Stock Exchange.

The Action Plan for implementation of this pilot project on the trading floor of the Kyrgyz Stock Exchange CJSC was approved.

For reference: the pilot project was initiated by the Ministry of Finance in April of this year and subsequently a draft decision of the Cabinet of Ministers worked out together with representatives of Finnadzor*, KSE and Central Depository and the Ministry of Economy and Commerce and the Presidential Administration.

GKV - state treasury bills

GKO - state treasury bills

Finnadzor - State Service of Regulation and Supervision of the Financial Market at the Government of the Kyrgyz Republic

CD - central depository