Mortgage Refinancing Company Issues Bonds Worth 250 Billion Soums

Tashkent, Uzbekistan (UzDaily.com) — The Board of Uzbekistan Stock Exchange has approved a new bond issue by the Mortgage Refinancing Company for trading, according to the stock exchange's official website.

The bonds are listed on the Bond Market under the ticker IQMK3V4, with a total issue of 250,000 bonds, each with a nominal value of 1 million soums.

The bonds carry an annual coupon rate of 19%, with interest payments made quarterly. The bonds have a maturity period of 1,094 days, equivalent to three years.