Kyrgyzstan aims to enter the international capital market with the first issue of sovereign bonds, which will amount to $1.7 billion, the country's Minister of Economy and Commerce Bakyt Sydykov told China Daily in an exclusive interview after participating in the Asian Financial Forum.

“We consider the international capital market as an important and promising source of financing for our country. The volume of the proposed issue will be about $1.7 billion, and the estimated maturity is 10 years,” the minister said.

This will be a historic moment for Kyrgyzstan, as the country is entering the international capital market for the first time.

In preparation for the issue, he said, the Kyrgyz government is actively working to improve its sovereign ratings and is consulting with international banks and experts.

“We are working closely with consultants and banks that are supporting us. We have also held several roadshows, some of which were held in Hong Kong,” Sydykov noted. - We see Hong Kong not only as a traditional financial center of the Asian region, but also as an important player on the world stage.

Hong Kong, with its status as Asia's leading financial center, is key to attracting investor interest. Kyrgyzstan hopes that this move will not only provide the necessary financing, but also open up new opportunities for expansion and diversification of investments.