Фото: Reform.by
Belagroprombank will sell bonds worth 250 million Belarusian roubles to districts of Brest Region. This follows from the prospectus for the bank’s 270th securities issue published on the Unified Portal of the Financial Market.
The issue consists of 2.5 million bonds with a nominal value of 100 Belarusian roubles each. They will be placed through a closed sale among the Main Financial Directorate of the Brest Regional Executive Committee and the financial departments of the region’s districts.
The bonds have a circulation period of 5,483 days. They are due to mature on 29 May 2041. The securities carry an annual interest rate of 0.1%.
The prospectus states that the issue is intended for the “funding of active operations of the bank’s corporate clients”.