The Deposit and Savings Insurance Fund of Tajikistan announces that, in order to ensure efficient investment of its free funds, the Fund actively participated in the government securities auction held on October 15, 2024, organized by the Ministry of Finance of the Republic of Tajikistan through “Asian Central Stock Exchange” JSC. As a result, the Fund’s application was successfully accepted.
The government securities of the Republic of Tajikistan were issued by the Ministry of Finance in the amount of 60 million somoni with a maturity of 181 days and a market interest rate of up to 8% per annum.
It is important to note that the creation of an effective market for government securities by the Ministry of Finance of the Republic of Tajikistan through auctions under competitive conditions directly serves as one of the key measures for developing the capital market and, consequently, the financial sector of the country’s economy.
In turn, the Fund, acting as an institutional investor in the financial system, welcomes the timely measures taken by the country’s fiscal authority and will continue to strive to support the development of the capital market.