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03 January 2018, 13:23

Belarus' Finance Ministry starts selling $50m worth of bonds on 3 January

MINSK, 3 January (BelTA) – The Belarusian Finance Ministry started selling the 244th issue of bonds nominated in foreign currency worth $50 million on 3 January, BelTA learned from the press service of the ministry.

The government bonds will be sold directly to individuals via the Belarusian Currency and Stock Exchange from 3 January to 15 February 2018.

The value of bonds issued by the ministry is $50 million. The nominal value of one foreign currency bond is $1,000. The interest rate stands at 4.4% per annum. The maturity period is 1,901 days (the maturity date is 4 November 2022).

A post on the ministry's website defines the interest payment dates for 11 interest periods.

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