The Belarusian economy keeps its securities solvent on global financial markets, Prime Minister of Belarus Mr Mikhail Myasnikovich told media. The Prime Minister remarked that the floating of securities on international financial markets is complicated and painstaking work. “We are working in this direction,” he said. “The fact that the eurobonds are floated on global markets indicates that we have a rather competitive economy that can keep these securities solvent on global financial markets,” stressed Mikhail Myasnikovich. Belarus plans to float at least $500 million worth of eurobonds in Europe or Asia in early 2013. A presentation of Belarusian eurobonds took place in Europe on 4-7 February – in Switzerland, in Munich and London on 6-7 February. A Belarusian delegation led by Finance Minister Mr Andrei Kharkovets held a roadshow of Belarusian eurobonds in Hong Kong and Singapore in November 2012
By floating eurobonds on foreign markets Belarus aims to refinance part of the foreign public debt payments that the country will have to make in 2013.