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Uzbekistan sells corporate bonds of Industrial & Construction Bank

Finance Materials 10 July 2020 11:24 (UTC +04:00)
Uzbekistan sells corporate bonds of Industrial & Construction Bank

BAKU, Azerbaijan, July 10

By Ilkin Seyfaddini - Trend:

Toshkent Republican Stock Exchange registered a deal on purchase and sale of corporate bonds of JSCB Uzbek Industrial and Construction Bank (or Sanoat Qurilish Bank) for 20 billion soum ($1.9 million), Trend reports with reference to Stock Exchange.

Previously it was announced that Uzbek Industrial and Construction Bank held a road show of eurobonds in US dollars with a five-year circulation period. The placement was organized by Citibank, JPMorgan, Commerzbank and Raiffeisenbank.

On November 2019, Stock Exchange registered three issues of the bank's bonds for a total of 150 billion soum ($14.6 million), the message said.

Toshkent Republican Stock Exchange placed corporate bonds of Asia Alliance Bank in the amount of 45 billion soums ($4.4 million) in June, 2020.

The volume of the registered issue of corporate bonds of the JSC Asia Alliance Bank is $4.8 million (with par value of $97.8) with a maturity of seven years (or 2,557 days from the date of placement).

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