The Cabinet of Ministers of the Kyrgyz Republic has approved a new Regulation concerning the issuance and circulation of bonds. The corresponding decree was signed by the Chairman of the Cabinet, Adylbek Kasymaliev.
According to the information from the government press service, this document was adopted to streamline the process of issuance, placement, circulation, and redemption of bonds. It is also aimed at creating a unified approach to regulating the relationships arising during their circulation, as well as protecting the rights and legitimate interests of investors.
The decree will come into effect fifteen days after its official publication.
The full text of the decree can be found here.
