DUSHANBE. Tajikistan has launched a project to issue quasi-sovereign bonds aimed at developing the securities market and introducing "green" financial instruments, Avesta.tj reports, citing the Securities Agency under the Ministry of Finance of Tajikistan.
The initiative is being implemented in accordance with President Emomali Rahmon's instructions to develop the capital market and create a transparent secondary market. The project partners include the Global Green Growth Institute (GGGI), the UN Regional Coordination Office, and the Global Sustainable Finance Facility.
The program is targeted at large state-owned enterprises. The first issuers of the thematic bonds will be the Tajik Aluminum Company, Tajikhimprom, the Dushanbe, Khujand, and Bokhtar international airports, Tajik Air, and Tajik Railways. The funds raised will be used to invest in climate change adaptation and the achievement of the Sustainable Development Goals.
The project aims to create an ecosystem for future green, social, and sustainable bond issuances in the country.
As a reminder, in February 2026, S&P Global Ratings affirmed Tajikistan's sovereign credit rating at "B/B" and improved the outlook to "positive," facilitating the attraction of foreign capital.
CentralasianLIGHT.org
April 7, 2026