Belarus presents eurobonds in Europe

Belarus has launched a road show of eurobonds in Europe, the Development Bank of the Republic of Belarus told media. The Belarusian delegation is led by Finance Minister Andrei Kharkovets. On 4 February the Belarusian securities were presented in Switzerland, on 5 February will be presented in Germany (Munich) and on 6-7 February in the United Kingdom (London). The British company VTB Capital plc and the Russian company ZAO Sberbank KIB are the organizers of the roadshow and the issue of Belarusian eurobonds.
On 27-30 November the Belarusian delegation led by Finance Minister Andrei Kharkovets held a road show of eurobonds in Hong Kong and Singapore.
In September Andrei Kharkovets declared plans to float at least $500-600 million worth of eurobonds in 2013.
European and Asian stock exchanges were named as possible venues for the floatation. The exact amount of eurobonds will depend on Belarus’ need for resources and on investors’ proposals. In November Belarus confirmed its plans to float eurobonds in early 2013.