Belarusbank to Raise 200 Million Roubles at an Ultra-Low Interest Rate

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Фото: Reform.by

Belarusbank has published the prospectus for its 253rd bond issue.

The issue is valued at 200 million Belarusian roubles. A total of 200,000 bonds with a face value of 1,000 Belarusian roubles each will be issued. The bonds are intended for legal entities, both residents and non-residents.

The bonds became available for placement on June 1. Their circulation period is 3,665 days, with maturity scheduled for June 13, 2036.

The bonds carry a fixed annual interest rate of 0.1%.

Notably, the securities are to be placed through an open sale. Recently, Belagroprombank issued bonds with similar parameters, including a 15-year term and a 0.1% annual interest rate. However, those securities are being placed through a closed sale to the Main Financial Directorate of the Brest Regional Executive Committee and the finance departments of districts within the region.

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