Belarusbank and Belagroprombank began selling bearer government bonds of the 11th and 12th issues today. They are denominated in U.S. dollars.
The face value of a security from the 11th issue is $1,000, while that of the 12th issue is $5,000.
The bonds have a two-year maturity. The interest rate is 2.7% per year.
The 11th issue amounts to $23 million, while the 12th amounts to $27 million.
It was previously reported that in August, the Finance Ministry failed to place another bond issue on the BCSE. The placement auction was declared unsuccessful. Before that, the Finance Ministry had already sold two dollar-denominated government bond issues totaling $100 million. Their interest rate was 2.9% per year. In addition, $50 million worth of internet bonds for individuals were issued.
