Aloqabank places corporate bonds for 3bn soums

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Finance 06/01/2012 Aloqabank places corporate bonds for 3bn soums

Aloqabank places corporate bonds for 3bn soums

Tashkent, Uzbekistan (UzDaily.com) -- Open joint stock commercial Aloqabank fully placed corporate bonds for 3 billion soums, the Uzbek bank said.

The bank said that the issue of corporate bonds, registered on 4 November 2011, has been fully placed on 26 December 2011.

Within the issues, the Uzbek bank placed 30,000 corporate bonds with par value of 100,000 soums each.

Circulation term of the bonds is 1,825 days. The coupons will be paid each quarter based on refinancing rate of the Central Bank of Uzbekistan (12%).

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