Regulatory Alerts2016-03-05 | 6|1Added · Updated
On amendments to the Main Conditions for the Issuance of State Short-Term Bonds of the Republic of Uzbekistan
This resolution by the Ministry of Finance and the Central Bank of Uzbekistan amends the Main Conditions for the Issuance of State Short-Term Bonds. It specifies that the right to bonds transfers to the acquirer upon a credit entry in a depo account within the Uzbek Republican Currency Exchange's trading system, confirmed by an extract. The Uzbek Republican Currency Exchange is now responsible for organizing exchange trading, clearing, settlements, and accounting for bond rights and storage, based on an agreement with the Central Bank. Additionally, dealers must conclude an agreement with the Central Bank to perform their functions in the bond market, and the last sentence of paragraph 8 of the Main Conditions is excluded.
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