of July 26, 2024 No. 428
About introduction of amendments to the resolution of the Cabinet of Ministers of the Kyrgyz Republic "About approval of Strategy of national debt management of the Kyrgyz Republic for 2022-2024" of July 1, 2022 No. 357
For the purpose of further market development of government securities of the Kyrgyz Republic, increase in scale of placement of government securities for involvement of the most potential investors, according to articles 13, of the 17th constitutional Law of the Kyrgyz Republic "About the Cabinet of Ministers of the Kyrgyz Republic" the Cabinet of Ministers of the Kyrgyz Republic decides:
1. Bring in the resolution of the Cabinet of Ministers of the Kyrgyz Republic "About approval of Strategy of national debt management of the Kyrgyz Republic for 2022-2024" of July 1, 2022 No. 357 the following changes:
in the Strategy of national debt management of the Kyrgyz Republic for 2022-2024:
- add Chapter 4 with the paragraph the sixth the following content:
"In case of forming of optimum conditions (profitable coupon rates, political stability, stable level of public debt to GDP) for release and placement of foreign currency bonds in the international market of the capital, the Cabinet of Ministers of the Kyrgyz Republic has the right to make the decision on release and placement of foreign currency bonds in the international market of the capital.";
- the eleventh table 1 of Chapter 9 to state line in the following edition:
"
|
Specific weight of the bonds issued and placed in foreign currency in the international market of the capital (% of the total amount of the public external debt) |
no more than 20% |
".
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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The document ceased to be valid since January 1, 2025 according to Item 2 of the Resolution of the Cabinet of Ministers of the Kyrgyz Republic of January 25, 2025 No. 38