Belarus eyes eurobond; acceptable yield limit set at 7.5%
November 29, 2012 Thomson Reuters(Russia)
Belarussian officials are running a road show in Hong Kong and Singapore from Nov. 27 until Nov. 30 to gauge investor interest in the potential bond, although not actually selling it.
Yermakova said the central bank, which was also involved in the preparations, would only support borrowing at an acceptable yield as the government could also raise money domestically if needed. "No more than 7.5 percent," she said of the yield.
Yermakova did not say what the maturity of the new bond could be. Belarus' 2015 eurobond traded with a yield of 7.8/8.6 percent on Tuesday.
Company — Belarus
Full nameMinistry of Finance of the Republic of Belarus