Business news

MINSK, 11 January (BelTA) – The Belarusian Finance Ministry plans to float forex government bonds worth of $450 million on the domestic market in 2016, according to the website of the ministry, BelTA informs.

The bonds will be floated through the Belarusian Currency and Stock Exchange.

Bonds of the 204^th issue (for legal entities and individuals to the total of $100 million) and bonds of the 205^th issue (for legal entities to the total of $50 million) will be floated on 15 January. The floatation of bonds will be held with a view to refinance the public debt and develop the market of public securities.

Any following issue of forex government bonds will be held taking into account the dynamics of the floatation of the bonds of the 204^th and 205^th issues and the situation on the domestic market.

The redemption of forex government bonds will total $1.256 million in 2016.

In 2015 the Finance Ministry floated forex government bonds worth of $952 million, €1.357 million and RUB162 million. Legal entities bought out $2.388 million worth of bonds, while individuals purchased government bonds worth of $50 million.