The first issue of corporate bonds in the stock market of Tajikistan

GMEX business and technology enabled exchange trading platform, surveillance system and central securities depository live

Dushanbe, Republic of Tajikistan, 12th April 2017. OJSC “Bank Eskhata” declares public placement of corporate bonds in national currency, on 14 April 2017 at the OJSC “Central Asian stock Exchange” (CASE).

Representatives of state ministries and agencies, top managers of leading companies, including the financial sector, will attend the event. All interested persons may also participate by contacting below mentioned contacts.

It is expected that the first issue of corporate securities will make a positive influence on the further development of the securities market in Tajikistan.

The bonds of “Bank Eskhata” are liquid securities, and investors can sell them on the secondary market.

The issue was structured by the brokerage company “Prime invest” LLC through which any investor can purchase the necessary amount of bonds.

Information about issued bonds

“Bank Eskhata” has issued a corporate bond for a total amount of 20 000 000 somoni, and listed at the “A” category of official listing of Stock Exchange, with par value of 100 somoni each. The profitability (coupon) of securities is 22% per annum with quarterly coupon payments. Any income from bonds at the stock exchange is a tax-free. Residents and non-resident individual and legal entities can purchase bonds.

About Bank

OJSC “Bank Eskhata” was established in November 1993, the capital of the Bank at the beginning of 2017 is 274 million somoni.

Eskhata is the first and only Bank in the Republic of Tajikistan entity awarded by the long term rating “B3” from the international rating agency “Moody’s” with the stable outlook on the global scale.

How to purchase bonds

All information regarding the corporate bonds of Bank Eskhata can be obtained at the offices of the Bank (head office, branches).

According to the legislation of the Republic of Tajikistan, all transactions with securities must be done by authorized brokerage companies at the Stock Exchange. Authorized brokerage company for the corporate bonds of Bank Eskhata is a Prime invest LLC.

To purchase bonds please contact the brokerage company Prime invest at the following:

Address: 38/1 Rudaki Avenue, Dushanbe Plaza (In the block), 3rd floor

Tel: 227-73-96; +992-988-79-00-99