As part of the implementation of the Presidential Decree of the Republic of Uzbekistan No. PD–26 dated 21 February 2025, “On Additional Measures for the Further Development of the Housing and Mortgage Market,” another exchange transaction another exchange transaction involving mortgage bonds issued by UMRC SPV LLC has been executed, a special purpose vehicle established under JSC "Uzbekistan Mortgage Refinancing Company."

Today, on the Republican Stock Exchange "Toshkent," a transaction involving mortgage bonds worth UZS 40.14 billion was concluded through a private placement with the participation of JSCB "Agrobank".

This transaction confirms the continued practical implementation of the phased placement mechanism for mortgage bonds envisaged by the Presidential Decree.

The phased placement of mortgage bonds contributes to the development of the mortgage-backed securities segment of Uzbekistan's capital market, expands sources of long-term financing, and facilitates the introduction of modern financial instruments into the country's mortgage market.