Tashkent, Uzbekistan (UzDaily.com) -- On 19 February 2019, the Central Bank jointly with the Ministry of Finance held an auction on placement of government securities with a maturity of 12 months, a nominal value of 1.0 million soums in the amount of 60,000 units.

The total volume of the issue is 60.0 billion soums. Interests paid on quarterly basis.

Eight dealers took part in the auction, which submitted competitive bids for the purchase of a total of 122,039 bonds for a total of 123.3 billion soums.

During the auction 60,000 units bonds (100% of total issuance) were placed for 60.9 billion soums.

The weighted average yield of securities was 13.33% per annum, with a minimum yield of 12.20% and a maximum yield or cut-off price of 13.81%.