KYIV, April 13. /Dunyo IA/. Uzbekistan has placed sovereign international bonds in its national currency for an amount equivalent to USD 1 billion at a record-low rate of 12.25%, reports Dunyo IA correspondent, citing with Ukrainian information portals “Open4business” and “Fixygen”.

It is noted that the placement took place on April 1 in global financial markets. The reduction in borrowing costs reflects the growing confidence of foreign investors in the country's macroeconomic stability and the course of reforms under the “Uzbekistan-2030” Strategy. For comparison, the yields of similar three-year issuances were significantly higher in the past – 16.625% in 2024 and 15.5% in 2025.

Demand from international investors was exceptionally high. During the trading session, nearly 50 major funds from the US, Europe, Asia, and the Middle East submitted bids totalling 24.3 trillion soums, which was four times the initial offer. As a result, bonds worth 12.2 trillion soums were placed, with the final rate settling lower than the yields on the domestic market.

The Ministry of Economy and Finance of Uzbekistan noted that this issuance became the largest local-currency Eurobond placement in the Central and Eastern Europe, Middle East and Africa (CEEMEA) regions in the last 15 years.

“The successful placement confirmed the stability of Uzbekistan's economy amidst ongoing geopolitical tensions”, emphasized “Kyiv Diplomatic”.