The next issue of Samarkand Bonds is placed on the London Stock Exchange

On December 5, the next issue of bonds of the International Finance Corporation (IFC), nominated in Uzbek sums (Samarkand Bonds), was placed on the London Stock Exchange.

According to the Central Bank of Uzbekistan, the total volume of the issue amounted to 123 billion sums, the repayment period is one year and the coupon rate is 9.45% per annum. The proceeds will be provided to Ipak Yuli Bank as a loan to support small businesses and private entrepreneurship.

It should be reminded that the previous three Samarkand Bonds issues placed on the London Stock Exchange this year totaling 240 billion sums (two years maturity, coupon rate 9.45% -9.5%) were sent to Hamkorbank to finance small business projects.