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Uzbek Finance Ministry places two tranches of Eurobonds

Finance Materials 13 July 2021 21:06 (UTC +04:00)
Uzbek Finance Ministry places two tranches of Eurobonds

BAKU, Azerbaijan, July 13

By Jeila Aliyeva - Trend:

The Ministry of Finance of Uzbekistan has placed two tranches of Eurobonds, Trend reports with reference to UzDaily.uz.

The first tranche was placed in the amount of $555 million for a period of 10 years, and the second in 2.5 trillion Uzbek soums ($234.6 million) for a period of 3 years.

The proceeds from the issuance of international bonds in the national currency will be used to finance the Sustainable Development Goals (SDGs).

As reported, Uzbekistan improved indicators on 9 out of 17 goals in the UN Sustainable Development Index.

According to the UN report, Uzbekistan took the 77th position in the UN sustainable development rating, which examines the achievements of 165 countries in 17 socio-economic indicators.

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