TASHKENT, Uzbekistan, September 18. Microfinance organization Agat Credit has announced the preparation of its third corporate bond issuance in 2025, along with plans to transform into a microfinance bank, Trend reports.
On September 10, 2025, the company’s Supervisory Board approved the parameters of the new issuance: 400,000 bonds will be placed, each with a nominal value of 100,000 soms ( $8), totaling 40 billion soms ( $3.2 million). The coupon rate is set at 27 percent per annum, with monthly payments, and the bonds will have a maturity period of 365 days.
For Agat Credit, this marks its third bond issuance this year. The first issuance in March, amounting to 40 billion soms ($3.2 million) with a 29 percent yield, was fully placed among investors. The second issuance in July, totaling 30 billion soms ($2.4 million) with a 28 percent yield, was purchased in a record three hours.
In addition, an extraordinary general meeting of shareholders is scheduled for October 10, 2025, at which a proposal to transform Agat Credit into a microfinance bank by changing the company's scope of activity will be considered.
