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Glossary

Belarus government bonds (GКО and GDО)

The Finance Ministry of the Republic of Belarus issues short-term government bonds GKO (with a tenor of up to one year) and long-term government bonds GDO (with a tenor of one year and longer) denominated in BYN. They are issued as book-entry registered bonds. These bonds can be held by legal entities and individuals, residents and non-residents of Belarus. The Finance Ministry also issues government bonds denominated in foreign currency.

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