The next Eurobonds of the Bank of Uzbekistan have been successfully placed on the London Stock Exchange

    Finance 16 July 2025 1429

    The delegation of the National Bank Joint Stock Company has successfully carried out another issue on the London Stock Exchange.

    In particular, the international capital market has placed bonds in the equivalent of 418 million US dollars in two tranches:

    - bonds in the amount of 300 million US dollars for a period of 5 years with a coupon rate of 7.2%;

    - bonds worth 1.5 trillion soums for a period of 3 years with a coupon rate of 17.95%.

    Leading international financial institutions and law firms such as Standard Chartered, J.P. Morgan, Citi, Societe Generale, Natixis, Mashreqbank, ADCB, OIB, Commerzbank, Dentons, and Kosta were involved in the Eurobond issuance process. Legal", "Deloitte & Touche", and others, according to the Dunyo news agency.

    The National Bank's bonds attracted interest from more than 140 international institutional investors, with the total volume of applications submitted exceeding $1.3 billion.

    Due to favorable market conditions and the growing demand for securities of Uzbek companies, the bank managed to reduce coupon rates compared to last year's issue.

    The decrease in the total value of the bonds reflected the growing confidence of the global investment community in the reforms being implemented under the leadership of Uzbek President Shavkat Mirziyoyev.