Deposit auction!

OJSC “Guarantee Fund” informs that on November 27, 2020, a deposit auction will be held as part of the Program “Increasing the access for SMEs to financing in order to mitigate the consequences of coronavirus infection COVID-19”, with the following parameters:

 

Auction method: Multiple bid method.

Auction date: November 27, 2020.

Auction code: АД 2003.

The volume of deposit resources: 531,500,000 (Five hundred thirty one million five hundred thousand) KGS.

The maximum nominal loan interest rate for the ultimate beneficiary: 10% (Ten) percent per annum.

Minimum volume of one application: 20,000,000 (twenty million) KGS.

Maximum volume of one application: 200,000,000 (Two hundred million) KGS.

The limit for placing funds in one commercial bank, taking into account previously opened deposits: 640,000,000 (Six hundred and forty million) KGS.

 

Additional information on a deposit auction is published on the official website of OJSC “Guarantee Fund” www.gf.kg  (to Loan Organizations/Deposit Auction).