Uzbekistan May Issue More Eurobonds This Year, Central Bank Says
- Debt sale will be in U.S. dollars again, Nurmuratov says
- Uzbekistan raised $1 billion in first Eurobond in February
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Uzbekistan may tap global debt markets with a second dollar-denominated Eurobond this year after investors lapped up a debut sale in February.
“International investors need to be able to see a country’s credit history,” Mamarizo Nurmuratov, the nation’s central bank chief, said in an interview in St. Petersburg, Russia. “Our first one doesn’t give us a history just yet, it just created a benchmark.”