Authorities borrowed another $110 million
12:55, — Economics
The Finance Ministry of Belarus released two bond issues in foreign currency.
Both bond issues have a nominal in United States dollars and the rate of 7.5%, the Cbonds agency reported.
The amount of the 86th bond issue will account for 10 million dollars. The one for the 87th will be 100 million dollars.
The bonds’ face value in 100 000 dollars. They were placed at the off-exchange market on the conditions of public subscription.
According to the information from the Business-News agency, the bonds of the 86th issue were in the full amount acquired by one of the insurance companies. The 87th issue was bought by a Belarusian commercial bank.
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