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Belarus floats eurobonds worth 600 mln USD

Xinhua,February 22, 2018 Adjust font size:

MINSK, Feb. 22 (Xinhua) -- Belarus floated 600 million U.S. dollars worth of eurobonds, the press service of the Belarusian Finance Ministry said on Thursday.

According to the press service, the interest rate of the eurobonds was 6.2 percent, and more information will be provided once the deal is finalized.

Earlier this month, Belarus had a roadshow for eurobonds in the United States and Europe. Citi, Raiffeisen Bank International AG and the Development Bank of the Republic of Belarus have been selected as co-managers of the roadshow.

In 2017, Belarus issued 1.4 billion dollars worth of eurobonds in two tranches with the interest rate of 7.125 percent and 7.625 percent respectively. Enditem