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Belarusian Finance Ministry floats government bonds worth RUB5bn

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MINSK, 9 December (BelTA) - The Finance Ministry of Belarus has floated long-term government bonds denominated in Russian rubles via the trading system of the Belarusian Currency and Stock Exchange, BelTA learned from the Finance Ministry.

"On 8 December 2022, the Finance Ministry floated the 293rd issue of long-term government bonds denominated in Russian rubles via the trading system of the Belarusian Currency and Stock Exchange," the ministry said.

Legal entities, both residents and non-residents of Belarus, put in six orders amounting to RUB5 billion.

Earlier, the Finance Ministry reported that the nominal value of one bond is RUB1,000; the maturity period is 1,100 days. Coupon rate is 12.5% per annum. Coupon payments shall consist of two semi-annual payments to be made on 12 June and 12 December until the bonds mature, starting from 2023. Last coupon payment shall be made on the maturity date of the bonds - 12 December 2025.

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