Regulatory Alerts2013-03-28 | 114398Added · Updated
Regulation on the Issuance, Placement, Circulation and Redemption of Notes of the National Bank of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic establishes the procedures for the issuance, placement, circulation, and redemption of its discount notes through an automated trading system. The regulation defines eligible participants, auction methods, and application requirements, setting the nominal value at 10,000 som and maturity periods between 7 and 364 days. It mandates that the Monetary and Credit Committee decides on issuance parameters and allows for secondary market transactions by residents and non-residents in compliance with national legislation.
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Topics
securities
monetary
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