Cabinet of Ministers of Uzbekistan issued a resolution “On setting the coefficient of indexation for the bonds of the Uzbek Republic of 12% internal lottery-loans of 1992 issue” on 31 July 2014.

The document was adopted to execute the state liabilities and is based on parameters of the state budget of Uzbekistan for 2014.

The resolution said that People’s Bank of Uzbekistan received bonds from population from 1 April to 1 July 2014 in line with the governmental resolution from 5 March 2014.

The Government set the coefficient of indexation of the bonds at the size of 1.373 (1 rubl – 1.373 soums) as the minimal salary rose by 1373 times from July 2014 to July 2014. The government decided not to pay prizes for bonds.

Ministry of Finance was entrusted to direct money to People’s Bank of Uzbekistan, which should repay bonds till 30 November 2014.

People’s Bank was entrusted in cooperation with Ministry of finance, Davlat Beligisi and Central Bank of Uzbekistan to destroy bonds till 25 November 2014.