The Ministry of Finance of Kyrgyzstan announced the holding of two auctions on the floor of the Kyrgyz Stock Exchange, February 13 and 14, to place government securities for a total amount of 850 million KGS.

Today, February 13, the KASE will hold an auction on placement of state treasury bills with a maturity of 12 months. The planned amount of the issue is 150 million KGS.

The Ministry intends to attract another 700 million KGS to the budget through placement of 2-year state treasury bonds. The auction is scheduled for February 14.

We would like to add that at the moment the demand for state bills within the auction is 438 million 550 thousand soms. This is almost three times more than the offer of the Ministry of Finance.