Tuesday 3 December 2013

Belarus: can it make a comeback to eurobond market? | beyondbrics

Belarus: can it make a comeback to eurobond market? | beyondbrics:

"As pressure grows on public finances, the government of Belarus is mulling a return to the international debt market with a new eurobond issue. But what are its chances of success, given that the country’s credit ratings have been downgraded and concern is increasingly widespread over the stability of the Belarusian economy?

Nikolai Snopkov, minister of the economy, said during last week’s EU Eastern Partnership sumit in Vilnius that Belarus hoped market conditions would be more favourable at the beginning of 2014, and the government would be able to get a eurobond issue away.

“Currently, we have some technical difficulties in approaching the eurobond market. We will make one more attempt at the beginning of the year. If the market is active and positive, the issue will be a success,” he said."

'via Blog this'

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