Gov’t bonds worth 60bn soums to be issued from Feb 19

According to the Ministry of Finance and the Central Bank, the initial placement of government medium-term bonds amounting to 60 billion soums will soon begin.

The nominal value per bond, with 1-year circulation period, is set at 1 million soums, and yield totaling 15 percent. Interest income on securities will be paid every 3 months.

The Ministry said the trades will kick off on February 19 in the trading system of the Uzbek Republican Currency Exchange.