Agrobank places deposit certificates, corporate bonds

Currency rates from 25/09/2024

$1 – 12754.83

UZS – 0.06%

€1 – 14202.50

UZS – 0.31%

₽1 – 137.21

UZS – -0.04%

Back

Finance 28/10/2010 Agrobank places deposit certificates, corporate bonds

Agrobank places deposit certificates, corporate bonds

Tashkent, Uzbekistan (UzDaily.com) -- Agrobank open joint stock commercial bank offers deposit certificate with par value of 1 million soums and corporate bonds with nominal value of 1 million soums to legal entities.

The bank said that the circulation term of deposit certificates with interest rate of 7% makes up 18 months, deposit certificates with interest rate of 8% - 24 months and deposit certificates with interest rate of 10% - 36 months.

The circulation term of corporate bonds is 5 years and interest rate is equal to refinancing rate of the Central Bank (14% APR).

In line with the presidential resolution from 28 July 2009, legal entities are freed from income tax for five years if they invest to securities of the commercial banks.

Stay up to date with the latest news

Subscribe to our telegram channel