BAKU, Azerbaijan, Sept. 8
By Fakhri Vakilov – Trend:
The volume of the government bonds in the domestic market of Uzbekistan reached $1.15 billion as of August 31, 2021, Trend reports citing industry portal Cbonds.ru.
A month ago, the figure was lower - $1.13 billion
The indicator is calculated based on the nominal volumes of issues excluding bonds of the Central Bank of Uzbekistan. Issue data are converted into US dollars at the exchange rate at the end of the month.
The average yield on short-term and medium-term government securities in August ranged from 13.63 to 14 percent.
The issue of government bonds in Uzbekistan was carried out from 1996 to 2011, and in 2012 it was suspended. Since 2018, it has resumed again.
As of July 1, the state debt of Uzbekistan amounted to $24.2 billion. External borrowings accounted for $21.8 billion, and domestic - $2.4 billion. The Ministry of Finance said that the debt increased by $858.6 million due to the development of funds for investment projects, covering the budget deficit and other expenses.
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