The national digital ecosystem Uzum has announced the preparation of its second bond issuance. The new offering will be significantly larger in volume than the first one, with a total amount of UZS 400 billion. This second issuance follows the company’s successful debut and aims to strengthen Uzum’s position in the debt capital market while increasing the availability of investment instruments in the country.
The coupon rate for the issuance is set at 24% with a maturity period of two years. The par value of each bond in the second issuance is UZS 100 million, making them accessible not only to large institutional investors but also to private investors. The placement will take place on the Republican Stock Exchange “Toshkent.”
The first bond issuance confirmed the strong interest from investors and the market’s readiness for new financial instruments. The second issuance is a natural continuation of this process. We are seeing steady demand from both institutional and private investors. Our bonds today are among the most balanced instruments on the market in terms of yield, liquidity, and risk. We aim not only to grow our business but also to contribute to the development of Uzbekistan’s investment culture and capital market.
Uzum — Uzbekistan’s digital ecosystem that integrates fintech, e-commerce, and banking services for individuals as well as for small and medium-sized enterprises. Its services include a marketplace, express delivery, traditional and digital banking, a BNPL service, a car marketplace, and an app for entrepreneurs. 20 million people across Uzbekistan use Uzum’s services every month.