The greatest appeal for investors was found in the three-year government treasury bonds (GKO). The short-term segment of the market also featured GKVs with a maturity of 12 months.
The total volume of GKO sales on the National Bank's platform amounted to 30.5 billion soms, which is 64.5% lower than the previous quarter's figure. This decline is attributed to the high base of previous placements when 15-year GKO were sold.
Nevertheless, the weighted average yield of GKO at the National Bank's auctions increased to 11.00%, which is 1.34 percentage points higher than the previous value. On the "KFB" platform, the transaction volume rose to 2.6 billion soms, corresponding to a growth of 4.8 times, while the weighted average yield was 13.01%, showing a slight decrease of 0.09 percentage points.
