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10 July 2019, 19:58

Belarusian Finance Ministry starts premarketing government bonds in Russia

MINSK, 10 July (BelTA) – The Belarusian Finance Ministry has started premarketing two issues of government bonds to the tune of RUB10 billion on the Russian market, BelTA learned from the ministry's website.

The issue of Belarusian government bonds on the Russian market is organized by the Russian banks Gazprombank, Sovcombank, Otkritie Bank, with the Eurasian Development Bank acting as a co-organizer. The Belarusian Finance Ministry and the banks started premarketing two issues of government bonds worth RUB10 billion with the maturity period of 3 years on the Russian market on 10 July.

Meetings with potential investors are supposed to take place within the next two weeks.

BelTA reported earlier that Belarus may float securities worth up to RUB30 billion in Russia in 2019-2020.

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