Mortgage bonds are accepted at 90% of their market value
The $24.7 mln issuance carries a 14.5% coupon and was arranged by Merrill Lynch; proceeds will go toward supporting female entrepreneurs outside Tashkent
The Cabinet of Ministers of Uzbekistan has approved the relevant resolution
The securities will have a circulation period of two years
To address the economic slowdown
Each bond carries an 18% annual coupon rate