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,” the phased placement of mortgage bonds continues steadily.
Today, the third exchange transaction involving mortgage bonds issued by UMRC SPV LLC, a special purpose vehicle established under JSC "Uzbekistan Mortgage Refinancing Company," was executed on the Republican Stock Exchange "Toshkent."
Under this transaction, mortgage bonds worth UZS 40.40 billion were placed through a private placement with the participation of the National Bank of Uzbekistan.
Following the completion of this transaction, the total volume of mortgage bonds placed by UMRC SPV LLC reached UZS 121.1 billion.
This transaction confirms the continued development of the exchange-based placement mechanism for mortgage bonds and the gradual integration of this financial instrument into Uzbekistan's capital market.