Current investment opportunity review with comments on stock market from Avesta Investment Group
https://www.spot.uz/ru/2020/10/09/money/

NBU announced start of eurobonds placement process - company organized global investor call and planning to start placement soon. Expected that total volume of placement to be $300 million for 5 years. Citi believed to be a coordinator and joint bookrunner with Gazprombank, Natixis and SMBC Nikko as joint bookrunners.
https://www.gazeta.uz/ru/2020/10/12/nbu/

JSC Ohangaronsement(OHSM) and JSC Uchkurgon yog (UCHY) were included into official listing of RSE Toshkent from October 13th, 2020
https://www.uzse.uz/boards/2156

First transactions made at logistics services tendering portal of JSC UzRTSB (URTS)
https://www.spot.uz/ru/2020/10/12/uzex/

Fitch Ratings has assigned National Bank for Foreign Economic Activity of the Republic of Uzbekistan's (NBU) upcoming issue of the US dollar-denominated senior unsecured Eurobonds an expected long-term 'BB-(EXP)' rating.

https://www.fitchratings.com/research/banks/fitch-rates-national-bank-of-uzbekistan-debut-eurobond-bb-exp-12-10-2020

Uzbekistan and the European Union are currently negotiating the Enhanced Partnership and Cooperation Agreement (EPCA), which will replace the partnership and cooperation agreement that has been in force since 1999.

https://www.eureporter.co/frontpage/2020/10/13/impressive-progress-made-by-uzbekistan/

Uzbekistan and the European Union are currently negotiating the Enhanced Partnership and Cooperation Agreement (EPCA) which will open new opportunities in development of such areas as rule of law, justice, migration, trade, as well as economic and sustainable development
https://www.eureporter.co/frontpage/2020/10/13/impressive-progress-made-by-uzbekistan/

UzAutoMotors certified under Built-In Quality (BIQ) standards, what will allow company to produce new models of Chevrolet cars
https://www.spot.uz/ru/2020/10/13/uzautomotors/

JSCB "Qishloq Qurilish Bank" (KKBN) announced the results of 9M20:
* Total assets increased by 23.9% and reached 14.6 trillion UZS;
* Total equity increased by 69.8% and reached 2.4 trillion UZS;
* Total liabilities increased by 17.7% and reached 12.3 trillion UZS;
* Net interest income increased by 13.3% and reached 422 billion UZS;
* Net income before operating expenses increased by 1.5% and reached 471.4 billion UZS;
* Net profit decreased by 6% and reached 200.7 billion UZS;
* Estimated P/B ratio at the level of 102 UZS per share - 0.66
* Estimated P/E ratio at the level of 102 UZS per share - 10

Uzbekistan exported $19 million worth of produce to China in the first seven months of 2020, representing a 44% year-on-year decrease. Among the produce items exported, fresh cherries suffered the largest loss.

https://www.producereport.com/article/uzbek-cherry-exports-china-fall-drastically-season

Uzbekistan is planning to purchase 300 large-capacity all-electric buses for its capital city within three years under a $96 million contract.

http://www.xinhuanet.com/english/2020-10/15/c_139442919.htm

Following countries were included into the list of jurisdictions considered as "tax-heavens" according to Uzbek legislation:
- American Samoa
- Aruba
- Guatemala
- Dominica
- Kiribati
- Monaco
- Alderney Island
- Pitcairn Islands
- Sent-Marten
- Uruguay
- Philippines
https://www.gazeta.uz/ru/2020/10/15/offshore/

Original list is available here:

The new plant in Fergana oil refinery is expected to refine 3.6 billion cubic meters of gas a year and produce 1.5 million tons of fuel.

http://www.xinhuanet.com/english/2020-10/16/c_139445342.htm

JSCB Kapitalbank (KPBA) announced issue of 40,000,000 preferred shares or about 19.6% of new equity at 950 UZS par-value per share. Bank expects to sell them in an open market.

According to its charter, preferred shares to receive fixed dividends at 5%+Central Bank's key rate, what comes down to 19% now.

http://www.openinfo.uz/ru/emissions/505/

Russian companies are developing cooperation with Uzbekistan: GAZ Group to start 3,000 commercial cars capacity assembling facility, TATNEFT to develop gasoline station network and oil and gas equipment production.

https://www.economy.gov.ru/material/news/rossiya_i_uzbekistan_narastyat_sotrudnichestvo_po_linii_mashinostroeniya_i_legproma.html

The Central Bank supplied $3.7 billion out of $10.7 billion foreign currency purchased during 9M2020.

https://www.gazeta.uz/ru/2020/10/16/exchange-rate/

NBU placed $300 million eurobonds with 5-year maturity and 4.85% interest rate (initial offer 5-5.25%) which was oversubscribed by two times.

Citibank (USA), Natixis (France), SMBC Nikko (Japan) and Gazprombank (Russia) acted as underwritters of the issue.

Congratilations to the NBU, the Ministry of Finance and all the related parties!

https://telegra.ph/The-first-Eurobonds-of-the-National-Bank-of-Uzbekistan-were-placed-on-the-international-capital-market-10-15

Epsilon Development obtained an industrial inflow of gas at Alouddin–4 prospecting well. The new field was discovered in Kultak-Kamashi investment block in Kashkadarya region.

The field’s estimated reserves are 17.2 bcm of gas and 1.072 million tons of gas condensate.

http://epsilon-development.com/media-centre/press-releases/462/

Foreign reserves decreased by $1.17 billion down to $33.46 billion, mostly due to use of $1 billion of cash. Gold reserves increased by 0.3 million ounces, while decreased in sum due to gold price correction
https://cbu.uz/ru/statistics/intlreserves/411852/

Uzbekistan plans to allocate almost 2 billion USD to healthcare system in 2021
http://www.xinhuanet.com/english/2020-10/20/c_139453905.htm