Why is this important
The placement of new CPI bonds expands the possibilities of attracting long-term funds for the mortgage market and provides investors with an instrument with a stable return. For investors, this is a new instrument with a fixed return for a long period. For the state, it is necessary to continue the practice of attracting funds through the capital market, including environmental projects.
What happened
- The mortgage refinancing company has begun issuing new corporate bonds worth 200 billion soums.
- A total of 200 thousand bonds with a nominal value of 1 million soums each have been issued, and their coupon yield will be 17.5%.
Numbers and facts
- IQMK5B6 tickered securities will be traded on the Tashkent Stock Exchange for 1825 days (5 years), starting December 5th.
- Bond payments will be made every three months.
Context
- The new issue became the KRI’s sixth.
- For the mortgage market, bonds are an additional source of financing.
- The first two issues of the organization were included in the stock exchange’s listing list during the state company’s listing in August 2024.