Uzmetkombinat places bonds for 50.61 billion soums

Tashkent, Uzbekistan (UzDaily.com) -- Uzmetkombinat JSC has placed corporate bonds worth 50.61 billion soums on the Uzbekistan Stock Exchange (UZSE).

It should be reminded that the company issued 10,000 bonds with a par value of 5 million soums each. The placement period was 1.5 years (543 days).

During the placement of 12 applications from investors in the amount of 478.5 billion soums. 42.22% of applications were submitted by non-residents of Uzbekistan.

Eleven applications were approved. The company has placed corporate bonds in the amount of 50.61 billion soums. The yield on the bonds was 22%.