MINSK, 18 June (BelTA) – The National Bank of the Republic of Belarus (NBRB) intends to float $120 million worth of foreign currency bonds on the home market in H2 2019, BelTA has learned.
The next auction to float NBRB bonds nominated in foreign currencies will take place on 20 August. The planned volume is supposed to reach $40 million.
In H1 2018 the actual volume of floated bonds amounted to $268 million. An interest rate auction was held on 18 June to sell NBRB bonds nominated in U.S. dollars with the maturity period of 365 days. As many as 19 offers from ten bidders with the interest rates from 3.3495% to 3.8039% per annum to the tune of $105.8 million were allowed to participate in the auction. As much as $30 million worth of bonds was floated, with the average weighted rate at 3.3495% per annum.More about Economy