The second lease yield shall be paid to the investors on 8 November 2016 at the end of the maturity, together with
principal sums. The fact that the lease certificates are offered at [10.23 per cent annual gross return] lower cost than the similar deals realized recently has strengthened the investors' confidence in our bank, which is a highly-pleasing development."
In shutting down Pine Commodities and sister firm Pinecom Services in the High Court, Registrar Derrett said the evidence "strongly suggests that the investors will never recover the
principal sums invested, let alone realise any return".
Over the past 40 years, the government has been loaned $115bn and has repaid $132bn in
principal sums and interest.
The Deputy Finance Minister said the
principal sums of the external debt are repaid now.
Our overriding objective is to protect the
principal sums invested even if this means we may not be achieving the maximum return offered by some investment institutions."
Anticipated peak of payments on foreign debt accounts for 2018-2025, Kyrgyzstan will start to pay off
principal sums with accrued interest on loans.
approximately 70%) but that the other Part 36 cost consequences in relation to obtaining costs on the indemnity basis, interest on costs and the
principal sum and the surcharge of 75,000 do not apply.
