Uzbek bank has issued corporate bonds on international exchange

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On November 25 “Uzpromstroybank” placed bonds on the London Stock Exchange in the amount of $ 300 million with a 5-year maturity. The initial expected return was set at 6.50%. The volume of orders by the end of the day amounted to $ 1.2 billion (with a 4-fold oversubscription of the issue). The profitability of the transaction closed at 5 p.m. (London time) with a coupon rate of 5.75%.

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