June 21, 2018 | Cbonds
|On June 20th, the London Stock Exchange (LSE) admitted for bidding on the main market the issues of the International Finance Corporation (IFC) for a total of 160 billion Uzbek soms (20 million USD), according to LSE.|
As previously reported, the bonds called Samarkand Bonds were placed on the London Stock Exchange on May 18th and May 29th. Maturity period is 2 years. The coupon rate was 9.5% per annum. The LSE commentary says that the Uzbek government plans to implement in the next five years investment projects in energy, chemistry, and pharmaceuticals for a total of 40 billion USD.
The placement of Uzbekistan bonds on the London Stock Exchange in national currency will help to raise the currency profile in the international debt markets.
Issue: IFC, 9.5% 29may2020, UZS
|Status||Country of risk||Redemption (offer)||Volume||Emission Rating (M/S&P/F)|
|Full company name||International Finance Corporation|
|Country of risk||USA|
|Country of registration||USA|