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Kyrgyzstan plans first dollar bond sale pending credit rating improvement

Kyrgyzstan is exploring the possibility of its first-ever dollar bond sale, potentially as early as next year, contingent on an improved credit rating. The finance ministry's head of state debt, Arzuubek Zhumayev, noted that Moody’s Ratings currently holds the country's foreign issuer rating at B3, six levels below investment grade, with a stable outlook.
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