Belarus state bonds keep falling at MOEX on threats by EU, U.S. to slap sanctions on Minsk
<p> MINSK, Aug 14 - PrimePress. Belarus’ government bonds kept falling on expectations of the sanctions that may be imposed by the U.S. and the European Union (EU), with the rate of return exceeding 10% per annum on the Moscow Stock Exchange (MOEX), 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 96.85% of the face value, while on Aug 13 trading in securities closed at 97.62% of the face value. The yield of the last transaction at 17:22 Moscow Time on Thursday amounted to 9.53%. </p> <p> </p> <p> State bonds “Republic of Belarus 03”, which will mature on August 3, 2022, decreased to 97.49% of their face value, after 99% on Thursday. The yield on the last transaction amounted to 10.15%. </p> <p> </p> <p> The Finance Ministry of Belarus announced about the placement of registered government bonds with a face value of $1,000 in the period fr om August 10 to December 22, 2020. On the first day, 5,187 bonds were placed, August 11 – 3,093, August 12 - 276 bonds, Aug 13 – none, Aug 14 - 21. </p> <p> </p> <p> As previously reported, mass protests started in Belarus following the Aug 9 presidential election, wh ere 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>
2020-08-15
Primepress
Belarus state bonds keep falling at MOEX on threats by EU, U.S. to slap sanctions on Minsk
MINSK, Aug 14 - PrimePress. Belarus’ government bonds kept falling on expectations of the sanctions that may be imposed by the U.S. and the European Union (EU), with the rate of return exceeding 10% per annum on the Moscow Stock Exchange (MOEX), 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 96.85% of the face value, while on Aug 13 trading in securities closed at 97.62% of the face value. The yield of the last transaction at 17:22 Moscow Time on Thursday amounted to 9.53%.
State bonds “Republic of Belarus 03”, which will mature on August 3, 2022, decreased to 97.49% of their face value, after 99% on Thursday. The yield on the last transaction amounted to 10.15%.
The Finance Ministry of Belarus announced about the placement of registered government bonds with a face value of $1,000 in the period fr om August 10 to December 22, 2020. On the first day, 5,187 bonds were placed, August 11 – 3,093, August 12 - 276 bonds, Aug 13 – none, Aug 14 - 21.
As previously reported, mass protests started in Belarus following the Aug 9 presidential election, wh ere 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