The Central Bank holds auction on the placement of bonds with a maturity of 6 months

Tashkent, Uzbekistan (UzDaily.com) – On 14 January, at the Uzbek Republican Currency Exchange, the Central Bank held an auction to place bonds with a circulation period of 6 months, with a nominal value of 1.0 million soums in the amount of 250,000 units, with a total issue volume of 250.0 billion soums.

13 commercial banks participated in the auction, by which they submitted competitive bids for the purchase of a total of 603,000 bonds totaling 613.3 billion soums.

During the auction, 250,000 bonds were placed (100% of the total issue) in the amount of 257.0 billion soums.

The total repayment of bonds placed at the auction will amount to 250.0 billion soums.

As a result of the auction, the average weighted yield of securities was 10.01% per annum, with a minimum level of return of 7.56% and a maximum yield of or at a cut-off price of 12.02%.