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13 February 2020, 15:43

Plans to float Belarusian government bonds in Russia in Q2 2020

MINSK, 13 February (BelTA) – The Belarusian Finance Ministry intends to float government bonds on the Russian market in Q2 2020. Belarusian Deputy Finance Minister Andrei Belkovets mentioned the plans during a roundtable session hosted by Cbonds Company on 13 February to discuss the debt market of Belarus, BelTA has learned.

The deputy finance minister said: “Most likely it will be the second quarter of the year.” Speaking about the volume of the floatation, he said RUB10 billion at least. “Everything will depend on what the demand will be. We will study the market first to see whether this volume is available,” Andrei Belkovets added.

The official remarked that new bonds will be floated with the maturity period of five years, up from three years previously. “Profitability? The current level plus some premium for the longer maturity period,” Andrei Belkovets added.

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