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Tashkent, Uzbekistan (UzDaily.com) -- On 27 December 2018, the Government of Uzbekistan placed 200,000 bonds with nominal value of 1 million soums each.
The maturity period is 12 months. Interest rate is paid quarterly. Total volume of issues is 200 billion soums.
The auction was attended by 8 dealers, who submitted competitive bids for the purchase of a total of 225,760 bonds for a total of 229.3 billion soums.
As a result of the auction, 200,000 bonds worth 203.1 billion soums were placed.
The weighted average yield of securities was 14.22% per annum, with a minimum yield of 14.12% and a maximum yield or cut-off price of 14.25%.