On 12 July 2024, Joint-Stock Commercial Bank Uzbek Industrial and Construction Bank (SQB) launched a tender offer to the holders of its outstanding $300mn, 5.75% notes due 2 December 2024.
The offer expired at 4:00 p.m. (London time) on July 22. As of this deadline, the Offeror received valid tenders totaling...
On 12 July 2024, Joint-Stock Commercial Bank Uzbek Industrial and Construction Bank (SQB) launched a tender offer to the holders of its outstanding $300mn, 5.75% notes due 2 December 2024.
The offer expired at 4:00 p.m. (London time) on July 22. As of this deadline, the Offeror received valid tenders totaling...
Uzbekistan provided Kazakhstan with 3.9 bn cubic metres of water via the Syr Darya river since April 1, Kazakhstan’s Ministry of Water Resources and Irrigation reports. This delivery surpasses the initial agreement, which was set at 3.7 bn cubic metres for six months. Uzbekistan has completed this delivery ahead of...
Uzbekistan provided Kazakhstan with 3.9 bn cubic metres of water via the Syr Darya river since April 1, Kazakhstan’s Ministry of Water Resources and Irrigation reports. This delivery surpasses the initial agreement, which was set at 3.7 bn cubic metres for six months. Uzbekistan has completed this delivery ahead of...
A meeting was held at the National Agency for Prospective Projects of Uzbekistan (NAPP) with a delegation from the World Bank (WB) led by Chiu Niu, Head of the Target Group of the Global Program Effective Management of Economic Development.
The sides discussed issues of developing cooperation between the World Bank...
A meeting was held at the National Agency for Prospective Projects of Uzbekistan (NAPP) with a delegation from the World Bank (WB) led by Chiu Niu, Head of the Target Group of the Global Program Effective Management of Economic Development.
The sides discussed issues of developing cooperation between the World Bank...
Uzbekistan’s capital market saw significant developments with the introduction of several key reforms on June 12. The Cabinet of Ministers approved the introduction of Individual Investment Accounts (IIA). This initiative enables Uzbek citizens aged 18 and older to invest in local securities, such as corporate bonds and stocks, without incurring...
Uzbekistan’s capital market saw significant developments with the introduction of several key reforms on June 12. The Cabinet of Ministers approved the introduction of Individual Investment Accounts (IIA). This initiative enables Uzbek citizens aged 18 and older to invest in local securities, such as corporate bonds and stocks, without incurring...
The dollar sank to a two-month low against the yen on Wednesday. This decline comes as investors unwound short-yen carry trades ahead of the Bank of Japan's forthcoming meeting, anticipating a hawkish move towards removing monetary stimulus. The yen hit its highest level against the euro since mid-May.
The dollar index,...
The dollar sank to a two-month low against the yen on Wednesday. This decline comes as investors unwound short-yen carry trades ahead of the Bank of Japan's forthcoming meeting, anticipating a hawkish move towards removing monetary stimulus. The yen hit its highest level against the euro since mid-May.
The dollar index,...
