NBKR Notes

NBKR notes are issued by National Bank of the Kyrgyz Republic in order to realize monetary-credit policy. NBKR notes is an instrument of monetary-credit policy used for regulation of volume and structure of monetary volume. Nominal value of 1 NBKR note is 10 000 (ten thousand) soms. NBKR notes are discount state securities with the terms of 7, 14, 28, 91 and 182 days. NBKR notes are issued in non-documentary form.

Features of NBKR Notes:

  • Issuer – NBKR.
  • Nominal value of a note – KGS 10 000
  • Tenor of NBKR Notes is divided into:

- 7-days

- 14-days

- 28-days

  • Placement is made based on auction, to be held by NBKR. - Auction for 7, 14, 28 days Notes are held on Tuesday, as a rule.
  • Notes have been issued since 1998.
  • Execution of liabilities on Notes is made by NBKR on timely manner in full volume.
  • Emission (placement) 7, 14, 28 days Notes – on Wednesday