Internal debt of Kyrgyzstan exceeds $170 thousand, Kyrgyz Finance Ministry reported.
At least 61 percent of the Kyrgyz internal debt is share of long-term securities with circulation period over one year. And more than half of them (33 percent of internal debt) fall at state treasury bonds.
Share of the state treasury bills with circulation period 18-24 months in total sum of the internal debt is 12 percent. Another 8 percent falls at promissory notes, 7 percent –at regulatory treasury bills and one percent- at bills of exchange (paid indebtedness of KyrgyzElBank, Renton group company to natural persons).
Short-term securities with circulation period up to one year make up 39 percent of the state internal debt. About 30 percent- state treasury bills with circulation period 3, 6 and 12 months. Over 9 percent of the debt is readjustment of population’s savings.
Aims of the internal borrowings are financing of the budget deficit, redemption of previously issued securities, provision of the state budget with cash service, settling of financial relations before juridical and individual persons, restructuring of previous debt, borrowing of finances at market interest rate, development of securities market.
