Bonds for 113bn soums placed at London Stock Exchange
13/12/2018 17:25
Bonds for 113bn soums placed at London Stock Exchange
13/12/2018 17:25
Tashkent, Uzbekistan (UzDaily.com) -- Next issue of bonds of the International Finance Corporation (IFC), denominated in Uzbek soums, with the name “Samarkand Bonds” was placed at the London Stock Exchange on 11 December 2018.
The total volume of the issue is 113 billion soums, the repayment period is 2 years, the coupon rate is 9.7% per annum.
The proceeds will be provided to Hamkorbank for expansion of opportunities for financing small business projects.
The total amount placed on the London Stock Exchange in 2018 amounted to 476 billion soums. The previous four issues of Samarkand Bonds were directed to Hamkorbank (with a maturity of 2 years and with a coupon rate of 9.45% -9.5%) and Ipak Yuli Bank (with a maturity of 1 year and with a coupon rate of 9.45%).
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