Treasury obligations for 960m soums placed in Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) -- Central Bank of Uzbekistan announced official results of placement of the state medium-term treasury obligations.

The auction on placement of the treasury obligations (issue 26042UMFS F) was held on 9 September, the Central Bank said on 15 September. The obligations will circulate 728 days and repaid on 7 September 2011.

Total volume of treasury obligations, announced by the Ministry of Finance of Uzbekistan, was 1.2 billion soums. Announced interest rate comprised 5.7% APR.

The Central Bank said competitive applications for 960 million soums on par value were received at the auction and all of them were satisfied.