OREANDA-NEWS. August 19, 2010. Belarus has floated another USD 400 million worth of eurobonds, Belarusian Finance Minister Andrei Kharkovets told.

“We floated another USD 400 million worth of eurobonds,” said Andrei Kharkovets. He reminded that the coupon rate stands at 8.75% per annum.

“The profitability of the additional eurobonds stands at 8.25%. The average rate for the overall billion has reached 8.7%,” said the Finance Minister.

On August 3, 2010 Belarus completed the sale of its maiden USD 600 million five-year eurobond. With the coupon rate at 8.75%, the eurobonds are supposed to be redeemed in 2015.