24.04.2013
Belarusian Finance Ministry floats $75m worth of forex bonds
MINSK, 24 April (BelTA) – On 22 April the Belarusian Finance Ministry released the 101st issue of government bonds nominated in foreign currency worth a total of $75 million. The fixed coupon rate is 6.9% per annum and the maturity period is four years. The information is available on the website of the Belarusian Currency and Stock Exchange, BelTA has learned.
A corporation has bought the issued bonds. The issue is already available for secondary circulation at the Belarusian Currency and Stock Exchange.
The bonds will be redeemed on 24 April 2017. The face value of one bond is $100,000. As many as 16 coupons will be paid out as part of the issue.
In early February 2013 the Finance Ministry released the 99th issue of forex government bonds worth $10 million with the interest rate at 7% per annum. The maturity period is three years. Apart from that, on 25 April the Finance Ministry plans to hold an exchange-facilitated auction to sell $50 million worth of forex government bonds with the maturity period of three years to corporations. The interest rate will be 7.25% per annum.
According to the Belarusian Currency and Stock Exchange, 17 issues of long-term forex government bonds worth a total of about $1.5 billion are available for circulation at the stock exchange.
The Belarusian Finance Ministry resumed the floatation of forex government bonds in November 2012 after the ban on the secondary circulation of forex government bonds on the home market was lifted. The ban was introduced in 1999.
A corporation has bought the issued bonds. The issue is already available for secondary circulation at the Belarusian Currency and Stock Exchange.
The bonds will be redeemed on 24 April 2017. The face value of one bond is $100,000. As many as 16 coupons will be paid out as part of the issue.
In early February 2013 the Finance Ministry released the 99th issue of forex government bonds worth $10 million with the interest rate at 7% per annum. The maturity period is three years. Apart from that, on 25 April the Finance Ministry plans to hold an exchange-facilitated auction to sell $50 million worth of forex government bonds with the maturity period of three years to corporations. The interest rate will be 7.25% per annum.
According to the Belarusian Currency and Stock Exchange, 17 issues of long-term forex government bonds worth a total of about $1.5 billion are available for circulation at the stock exchange.
The Belarusian Finance Ministry resumed the floatation of forex government bonds in November 2012 after the ban on the secondary circulation of forex government bonds on the home market was lifted. The ban was introduced in 1999.