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%.