OREANDA-NEWS. On May 26, 2009 Central Bank of Uzbekistan officially announced on placement of its bonds (issue 24032CBUSS) for legal entities.

Auction on sale of bonds was held on 20 May 2009. The circulation term of the bonds is 12 months and coupon period is 6 months.

The volume of issued bonds is 700 million soums. Central Bank provided right to place at least 50% of non-competitive applications. Applications with interest rate of 5% were placed at the auction. Overall, applications, both competitive and non- competitive, for 700 million were received.

Central Bank placed all volume of bonds for 700 million soums at the interest rate of 5%.