Tashkent, Uzbekistan (UzDaily.com) -- Uzmetkombinat will place corporate bonds worth 50 billion soums.

The Ministry of Finance of Uzbekistan has registered the issue of corporate bonds of Uzmetkombinat for 50 billion soums.

The company will issue 10,000 bonds with a par value of 5 million soums each. The actual market rate on the bonds could be below 23%.

Bonds will be placed by open subscription. The bonds will mature in 543 days. Interest will be paid every six months.