- News & Research
- Corporate Actions
- CBONDS OLD
The Uzbekistan bond market is represented by government and corporate bonds. Domestic bond market of Uzbekistan is considerably inferior to Eurobond market in terms of volumes and constitutes about 20% of the total volume of country's debt market.
Government securities have a nominal value of UZS 1,000,000, and interest accrued on these securities is income tax free.
The State Internal and External Debt Department, a structural subdivision of the Ministry of Finance of the Republic of Uzbekistan, is engaged in issuing and managing the national debt of Uzbekistan.
The government debt of Uzbekistan consists of the following types of bonds:
• Short-term discount government bonds with a maturity of under 12 months;
• Mid-term coupon and discount government bonds with maturities of 1.5, 2 and 3 years.
Government securities of the Republic of Uzbekistan are placed by a public auction at the Uzbekistan Republican Currency Exchange (UzRCE), held by the Central Bank of Uzbekistan as instructed by the Ministry of Finance.
Information on the auction, issue parameters and conditions is published by the Central Bank at least seven days prior to the date of the auction. Results of the auction are published on the official website of the Central Bank and UzRCE.
|12/04/2021||Fitch Ratings affirms Uzbekistan at "BB-" (LT Int. Scale (foreign curr.) credit rating); outlook stable|
|12/04/2021||Fitch Ratings affirms Uzbekistan at "BB-" (LT Int. Scale (local curr.) credit rating); outlook stable|
|20/11/2020||Uzbekistan placed 10-year Eurobonds in dollars of $555 million and 3-year bonds in the national currency of 2 trillion sums|
|19/11/2020||Upcoming issue: Uzbekistan (B1/BB-/BB-)|
|17/11/2020||Upcoming issue: Uzbekistan (B1/BB-/BB-)|