Belarus Wants to Place Bonds in Asian Market

Belarus intends to place bonds in the Asian financial market. This was stated by Prime Minister Sergei Sidorski at Belarusian Investment Forum in Frankfurt / Main (Germany) on November 17. "Belarus is ready to place their bonds in the Asian financial market. We expect investors from Hong Kong and Singapore to assist us in this matter," he said.

"We presented our country both in Hong Kong and in Singapore last week, and we attracted a great interest to our economy and the placement of our securities in the markets of these countries," the prime minister said, BelaPAN.

He also reminded about the upcoming bond placement in the Russian market. "This event will become debut not only for us but also for Russians, who provide their market for the placement of bonds of foreign states through our country," he said.

Touching the issue of Eurobonds, Sergei Sidorski stressed that "bonds are currently in demand, their yield is about 8% per annum."

At the same time, "although Belarus has recently increased its attraction of foreign loans, but the ratio of external public debt to GDP is under 20% against 60-80% in many developed countries," the head of the government said.


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