High Demand for Belarusian Bonds is Expected, "Sberbank" of Russia

09.11.2010 16:17
Архив Редакция

Belarus plans to open a book of applications for the placement of bonds in Russian rubles next week and to make a presentation of the loan on November 15. This was reported by one of the organizers of the issue — Russia's "Sberbank", predicting a high investor demand for securities.

«No final date of placement is fixed yet, but the issuer is expected to decide on it soon. We will hold the presentation of securities for investors next week and open the book of orders,» the head of customer service in «Sberbank» financial markets told Reuters, Alexander Chumachenko.

Federal Financial Markets Service registered two issues of Belarusian bonds of RUB15 billion of total volume on Tuesday, November 9, thus allowing the paper to the public placement and treatment in Russia, Korrespondent.net reports. «Sberbank» together with «Alfa-Bank» and «Gazprombank» are the organizers of the issue.

According to Director of the Department of Treasury and Financial Markets of «Sberbank» Andrei Golikov, the issuer together with organizers plans a presentation for Russian investors on November 15.

Belarus placed a five-year Eurobonds at $1.4 billion in summer.

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