Uzbekistan issues record low-rate local-currency bonds amounting to $1 billion
Uzbekistan on April 1 issued its largest-ever local-currency sovereign bonds, raising $1 billion in international markets at a record-low interest rate of 12.25%. For comparison, interest rates on the country’s previous three-year international bonds denominated in the national currency stood at 16.625% (UZS 3 trillion) in 2024 and 15.5% (UZS 6 trillion) in 2025.
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https://kun.uz/en/52092066
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