Uzbek government adopted a resolution on the circulation of state treasury obligations and bonds 

The Government of Uzbekistan adopted a resolution “On measures for the organization of circulation of state treasury obligations and bonds of the Republic of Uzbekistan”.

According to the resolution, the Ministry of Finance will issue state treasury obligations and bonds.

In addition, the resolution approved a Regulation on placement, circulation and repayment of government securities of the Republic of Uzbekistan.

In accordance with the document, a nominal value of the securities is one million sums.

Placement of securities is carried out by the Central Bank in the form of auctions. Information on auction conditions will be announced at least seven days in advance.

Securities are also traded on the secondary market through making a transactional agreement.

Repayment of the securities is carried out by the Central Bank and is announced seven days beforehand.