The improvement of funding business operations for the local enterprises in the Republic of Uzbekistan through issuing financial securities by means of the Tashkent Stock Exchange

The improvement of funding business operations for the local enterprises in the Republic of Uzbekistan through issuing financial securities by means of the Tashkent Stock Exchange

Authors

  • Abduganiev Abdulaziz

DOI:

https://doi.org/10.5281/zenodo.14511854

Keywords:

Tashkent Stock Exchange, medium-sized and large private companies, corporate loans, custodian banks, Central Bank of Uzbekistan, Clearstream, Euroclear, “Central Securities Depository” JSC, “National Clearing Centre” JSC, IPO.

Abstract

The goal of this article is to show a meaning of the new funding ratio, which is the 60/40 funding ratio besides
how it actually operates and the benefits to integrate the cooperation between the Tashkent Stock Exchange and the
medium-sized, large private enterprises, after this would lead to spur local private firms to go public or issue corporate
bonds in order to raise capital for business operations and other projects.

Author Biography

Abduganiev Abdulaziz

Assistant teacher, Banking Department, Tashkent State University of Economics

Published

2024-11-07
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