STB - debt securities of the Government of the Kyrgyz Republic, hosted by the NBKR.

Advantages:

STB guaranteed by the Government of the Kyrgyz Republic and are the most risk-free domestic investment objects;

STB - the system and most liquid financial instrument in the securities market of KR, has a high degree of confidence on the part of financial institutions of KR;

High liquidity enables the Bank to acquire or dispose of STB for you on the provisional application even with the low liquidity in the local market;

The presence of the secondary market allows you to buy STB most suitable for your urgency, and sell them at any moment in which you need funds.

For STB Purchase you need to:

• Sign an Agency Agreement with the Bank,
• Fill in an application for purchase / sale of STB (client confirms the adequacy of funds / securities required for the transaction by the application).

State treasury bills (STB) are discount state securities with the terms of 3, 6, 12, 18 and 24 months and issued in non-documentary form. State treasury bills placement is made with discount - by price lower than nominal value, with maturity by nominal value. Nominal value of 1 STB is 100 (One hundred) KGS.  

Features of STB:

• Issuer – Ministry of Finance.
• Nominal value of a STB – KGS 100
• Tenor of STB is divided into:
• 3-month
• 6- month
• 12- month
• 18- month (are held more seldom)
• 24- month (are held more seldom).
• Placement is made based on auction, to be held by NBKR. Auction is held each Thursday, as a rule.
• Execution of liabilities on STB is made by MF KR on timely manner in full volume.
• Emission (placement) - on Monday, as a rule.