Uzbekistan, Aug. 4 -- The Asian Development Bank (ADB) is continuing the expansion of its local currency bond program, which enables its members to access local currency financing at competitive rates while simultaneously mitigating borrowers' currency risks, thereby supporting more efficient and inclusive development.ADB issued its first Uzbekistan sum (UZS) denominated bond in June, raising UZS312 billion (approximately $24.7 million equivalent). Arranged by Merrill Lynch International, the bond was priced at par with a coupon of 14.5% with a final maturity of 3 years. Proceeds of this gender bond were disbursed to support women-owned enterprises outside the capital, Tashkent.In July, ADB priced its third Mongolian togrog (MNT) bond for t...