Agrobank places deposit certificates, corporate bonds
28/10/2010 15:21
Agrobank places deposit certificates, corporate bonds
28/10/2010 15:21
Tashkent, Uzbekistan (UzDaily.com) -- Agrobank open joint stock commercial bank offers deposit certificate with par value of 1 million soums and corporate bonds with nominal value of 1 million soums to legal entities.
The bank said that the circulation term of deposit certificates with interest rate of 7% makes up 18 months, deposit certificates with interest rate of 8% - 24 months and deposit certificates with interest rate of 10% - 36 months.
The circulation term of corporate bonds is 5 years and interest rate is equal to refinancing rate of the Central Bank (14% APR).
In line with the presidential resolution from 28 July 2009, legal entities are freed from income tax for five years if they invest to securities of the commercial banks.
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$ 1 | 12697.00 | 0.000% |
1 | 13547.70 | 0.000% |
₽ 1 | 135.05 | 0.000% |