In order to purchase government securities it is necessary to conclude a service agreement with a primary dealer and submit a written order to buy/sell. ASIA ALLIANCE BANK is a primary dealer and market maker in the government securities market of Uzbekistan.
What are the commission costs of buying/selling government securities?
Investor's expenses include compensation of exchange fee and payment of exchange dealer's commission fee. Exchange fee is charged from dealers according to the tariffs of UZSE. These expenses are paid by the investor. The amount of ASIA ALLIANCE BANK commission is calculated on an individual basis.
Where are the bonds kept?
Purchased securities are kept at the Uzbek Republican Currency Exchange. The rights to them are recorded on the investor's account.
How does the money flow to the investor?
Coupon income of the investor is sent to the bank details specified by him on the dates specified, according to the terms and conditions of the securities issue.
What taxes are imposed on income from government securities?
Coupon and discount income as well as the redemption itself on government securities are exempt from taxation for all groups of investors. If you buy and hold bonds, you will not have to pay taxes.
For how long term can I invest in government securities?
Government securities with different maturities, from six months to several years, are traded on the market.