On May 20 of this year, an event dedicated to the IPO of the National Investment Fund of the Republic of Uzbekistan (UzNIF) was held in Tashkent. The event brought together representatives of government institutions, international financial organizations, investment companies, and capital market professionals.

As part of the event, video materials highlighting the first trading session of UzNIF shares on the London Stock Exchange were presented. In addition, presentation materials covering the results of trading sessions on the London and Tashkent stock exchanges were showcased.

Acting Chairman of the Management Board of the Republican Stock Exchange “Toshkent” Faizulla Tashov noted in his speech that the UzNIF IPO is not only a new investment project, but also a practical confirmation that Uzbekistan’s capital market is entering a new stage of development.

Today, we are building a solid foundation for a modern, open, and competitive capital market. This achievement is not a reason to stop, but rather an important basis for further accelerating integration with international capital markets. In this regard, the development of secondary listing mechanisms, the expansion of international financial institutions’ participation, as well as enhancing transparency and corporate governance standards remain among the key priorities, — said F. Tashov.

It was also announced that the Republican Stock Exchange “Toshkent” had successfully completed comprehensive testing of its trading, депозитary, and clearing infrastructure for the introduction of corporate bonds denominated in foreign currency. This indicates that the market is moving toward a new stage in the development of financial instruments.

The UzNIF IPO is regarded as an important milestone in integrating Uzbekistan’s capital market into the global investment system, modernizing market infrastructure, and strengthening the confidence of international investors.