The par value of bonds is 1,000 soums each and total volume is 8 billion soums. The circulation term of the bonds is seven years.

The bank said the coupon of the bonds is flexible and based on the Central Bank’s refinancing rate. The coupons paid quarterly. The interest rates are paid in cashless form with wire transfer to banking account.

The preliminary placement of the bonds will begin on 28 September 2009. The bonds will be placed on open subscription among legal entities.