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Belarus to consider London Stock Exchange for eurobond placement in 2020

LONDON, 10 June (BelTA) – Belarus will consider London Stock Exchange for a possible placement of eurobonds in 2020, Belarus Prime Minister Sergei Rumas told the media during his working visit to the UK on 10 June, BelTA has learned.

“At the meeting with Nikhil Rathi, Chief Executive Officer at London Stock Exchange plc & Director of International Development, we discussed the possibilities of further cooperation. In 2020, Belarus hopes to return to the market of sovereign eurobonds, and we, of course, will be considering London Stock Exchange for the placement of our bonds,” Sergei Rumas said.

According to the prime minister, Belarus, as a sovereign, has no previous record of cooperation with London Stock Exchange. “We conducted out transactions through Luxembourg Stock Exchange and Irish Stock Exchange. Today, London Stock Exchange has suggested attractive terms for us so that both the sovereign or corporate borrowers could be listed on the stock exchange. London Stock Exchange has recently made great headway in part of technology, speed of transactions, and also has offered us good tariffs for bond placement,” the Belarusian head of government said.

Sergei Rumas is on a working visit to the UK on 10-11 June. On 10 June, he took part in the Belarus Capital Markets Day event and also held a series of talks. On 11 June, Sergei Rumas is expected to hold a number of meetings in London, including with representatives of the European Bank for Reconstruction and Development, the Foreign and Commonwealth Office and the Department of International Trade.

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