BELARUS NEWS AND ANALYSIS

DATE:

21/06/2007

Belarus Bond Sale in Russia

Belarus will be the first country to sell sovereign bonds on a Russian exchange, RIA-Novosti said Wednesday, citing VTB, the bank organizing the sale.

Belarus will sell 10 billion rubles ($390 million) of three- to five-year bonds on the MICEX exchange in fall, VTB vice president Denis Ursulyak said, the agency reported.

Ursulyak said the sale would be "an absolutely new transaction" for Russia, the agency reported. (Bloomberg)

Source:

http://www.themoscowtimes.com/stories/2007/06/21/061.html