Central Bank of Uzbekistan has officially announced the results of the placement of 26008 UMFS F state medium-term treasury bonds, UzReport.com reported.
On 22 August, an auction for the placement of the state medium-term t-bonds of the 26008 UMFS F issuance was held at the Uzbek Currency Exchange. The maturity date is 19 August 2009. Circulation period is 728 days.
The volume of the issuance announced by the Ministry of Finance of Uzbekistan made up 1.15 billion soums. The declared interest rate is 6% per annum.
Offers ranging from 101.5% to 101.85% of the face value were received at the auction. The total volume of competitive and non-competitive offers received made up 1,365,384,000 soums at par.
The minimum price of the accepted competitive offers, according to the decision of the Ministry of Finance, made up 101.6% of the face value.
At this price, the profitability of the issuance made up 5.21% per annum. Accepted competitive offers totaled 912,484,000 at par.