Kyrgyzstan Steps Up Market Push With Bond Sale Plans and Gold-Backed Token
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Kyrgyzstan is intent on boosting its presence in international markets, following up on a debut dollar bond with more debt offerings and advancing a gold-backed stablecoin.The government raised $700 millionBloomberg Terminal with its first eurobond sale in May, joining a growing list of Central Asian countries courting global investors. The administration may return to market, while wholly state-owned Eldik Bank OJSC is preparing for an inaugural sale in February and is in the final stages of signing contracts with banks for the deal, according to the Finance Ministry.