The Asian Development Bank (ADB) will issue Uzbek soum-denominated bonds, said the chairman of the Central Bank, Mamarizo Nurmuratov.
The Uzbek soum-denominated bonds issuance from ADB will be at about 15-25 million dollars, he added, without elaborating on the issuance timelines.
In 2018, the world’s first ever international Uzbek Soum- denominated bonds issued by IFC, a member of the World Bank Group, were listed in the London Stock Exchange.
The two-year dated Samarkand bonds raised UZS 160 billion (USD 20 million equivalent) on May 18, 2018 and secured strong global investor support.
Bonds sale deals were signed with three European asset management companies. The brokerage company Citigroup Global Markets Ltd. undertook the organization of sales.