MINSK, 12 July (BelTA) – The Belarusian Finance Ministry will hold an auction on 16 July to sell issue No.262 of long-term government bonds nominated in a foreign currency to corporations and individuals, BelTA has learned.
The volume of the issue remains open. The face value of one bond is €1,000. The interest rate will be set for the whole period of circulation of the foreign currency bonds during the auction. The maturity period will be 2,407 days. The bonds are to be redeemed on 16 February 2026.
Interest earnings will be paid during the maturity period on 16 February and 16 August as from 2020.
The auction will be arranged via the trade system of OAO Belarusian Currency and Stock Exchange.More about Economy