Uzbekistan records a historic result in the international financial market
Uzbekistan achieved a significant historic result in international financial markets this April. This was reported by Zamin.uz.
Our country successfully placed the largest sovereign international bonds issued in the national currency. According to information provided by the Ministry of Economy and Finance, this operation involved a total value of one billion US dollars.
The most important aspect is that the interest rate set for the bonds was 12.25 percent, which was recorded as the lowest historic figure. For comparison, it is worth noting that in previous years, these figures were significantly higher.
For example, in 2024, three-year national currency bonds were issued at a rate of 16.625 percent, and in 2025, at a rate of 15.5 percent. The new result indicates that much more effective economic terms and favorable conditions are being offered.
This major project was carried out through a global audio conference held with international investors. Thirty-two major investors participated in the process.
In the end, orders totaling more than twenty-three trillion soums were received from nearly fifty foreign investors. This shows that the demand was four times higher than the initially announced figure.
The raised funds will be used to cover the 2026 state budget deficit and to finance social and economic projects. According to experts, this transaction is the largest national currency operation carried out in the Central and Eastern Europe, Middle East, and Africa region in the last fifteen years.
Furthermore, opportunities for including these bonds in the GBI-EM index, one of the prestigious international indices, are being considered. This process will serve to attract major investors managing three hundred billion dollars in assets and further reduce the debt burden in the future.
Uzbekistan's growing reputation in the international financial market indicates that the country's economy is stabilizing and an attractive environment is being formed for investors.
