The Social Fund presented a report on the investment activity of the State Accumulation Pension Fund (GNPF) for the period from January to November 2025.
During the 11 months of 2025, the GNPF made investments totaling 20 billion 880 million soms, which were distributed across the following categories:
- Government securities (GCB) — 10,937.8 million soms
- The yield on GCB ranged from 12.86% to 16% per annum.
- Deposits in commercial banks amounted to 4,955 million soms
- Funds were placed for terms of 12 and 18 months
- The yield on deposits was 12.1–14.8% per annum.
- Investments in shares of local issuers amounted to 4,987.2 million soms.
- income from GCB — 5,266.7 million soms;
- interest income on deposits — 813.2 million soms;
- income from accrued interest on balances — 35.9 million soms;
- other income — 0.4 million soms.
