Belarus state bonds fall sharply at MOEX on threats by EU, U.S. to slap sanctions on Minsk
<p> MINSK, Aug 13 - PrimePress. Belarus’ government bonds have reacted to the Thursday news about the likely sanctions by the U.S. and the European Union (EU) by a sharp fall in price and increased profitability on the Moscow Stock Exchange, according to the trading data. </p> <p> </p> <p> In particular, the bond series “Republic of Belarus 07”, which will mature on May 1, 2025, fell to a maximum of 98% of the face value, while on Wednesday, trading in securities closed at 99.8% of the face value, Prime Agency reports. The yield of the last transaction at 14:44 Moscow Time on Thursday amounted to 9.09%, while on Wednesday the yield was 8.7%. </p> <p> </p> <p> State bonds “Republic of Belarus 03”, which will mature on August 3, 2022, decreased to 99.45% of their face value, after 100.8% on Wednesday. The yield on the last transaction amounted to 8.95%, while on Wednesday the yield was 8.28%. </p> <p> </p> <p> State bonds “Republic of Belarus 04”, which will mature on August 3, 2022, decreased to 99.72% of their face value, after 101.12% on Wednesday. The yield on the last transaction amounted to 8.83%, while on Wednesday the yield was 8.03%. </p> <p> </p> <p> As previously reported, mass protests started in Belarus following the Aug 9 presidential election, where Alexander Lukashenko was declared the winner with 80.08% of the vote. The riot police have been using firearms, rubber bullets, tear gas, water cannons and stun grenades to severely suppress peaceful protest rallies in the capital city and regional centres. One person died, hundreds were wounded, thousands were detained. Western countries has condemned Minsk for excessive use of force, the European Union is considering targeted sanctions after claims of widespread vote rigging and a fierce crackdown on protests. </p> <p> </p> <p> US Secretary of State Mike Pompeo said on Aug 13 that the US would consider the possibility of introducing sanctions against Belarus due to the current events in the country. </p> <p> </p> <p> The European Union’s foreign policy chief, Josep Borrell, on Tuesday condemned “disproportionate” violence by authorities in Belarus and said it was considering sanctions against those responsible. End </p>
2020-08-14
Primepress
MINSK, Aug 13 - PrimePress. Belarus’ government bonds have reacted to the Thursday news about the likely sanctions by the U.S. and the European Union (EU) by a sharp fall in price and increased profitability on the Moscow Stock Exchange, according to the trading data.
In particular, the bond series “Republic of Belarus 07”, which will mature on May 1, 2025, fell to a maximum of 98% of the face value, while on Wednesday, trading in securities closed at 99.8% of the face value, Prime Agency reports. The yield of the last transaction at 14:44 Moscow Time on Thursday amounted to 9.09%, while on Wednesday the yield was 8.7%.
State bonds “Republic of Belarus 03”, which will mature on August 3, 2022, decreased to 99.45% of their face value, after 100.8% on Wednesday. The yield on the last transaction amounted to 8.95%, while on Wednesday the yield was 8.28%.
State bonds “Republic of Belarus 04”, which will mature on August 3, 2022, decreased to 99.72% of their face value, after 101.12% on Wednesday. The yield on the last transaction amounted to 8.83%, while on Wednesday the yield was 8.03%.
As previously reported, mass protests started in Belarus following the Aug 9 presidential election, where Alexander Lukashenko was declared the winner with 80.08% of the vote. The riot police have been using firearms, rubber bullets, tear gas, water cannons and stun grenades to severely suppress peaceful protest rallies in the capital city and regional centres. One person died, hundreds were wounded, thousands were detained. Western countries has condemned Minsk for excessive use of force, the European Union is considering targeted sanctions after claims of widespread vote rigging and a fierce crackdown on protests.
US Secretary of State Mike Pompeo said on Aug 13 that the US would consider the possibility of introducing sanctions against Belarus due to the current events in the country.
The European Union’s foreign policy chief, Josep Borrell, on Tuesday condemned “disproportionate” violence by authorities in Belarus and said it was considering sanctions against those responsible. End