Bonds of the Ministry of Finance of the Republic of Belarus
JSC Belagroprombank, being an agent bank that has entered into an agency contract with the Ministry of Finance of the Republic of Belarus,
will begin placing the ninth and tenth issues of government long-term bearer bonds denominated in foreign currency on January 28, 2026.
Information on the ninth issue of government bearer bonds denominated in foreign currency:
| Series, Issue No. | Par value | Rate | Interest payment terms | Repayment start date | Early redemption |
|---|---|---|---|---|---|
| AK9 | 1 000 USD | 2,7% per annum |
|
January 28, 2028 | not provided |
Information on the tenth issue of government bearer bonds denominated in foreign currency:
| Series, Issue No. | Par value | Rate | Interest payment terms | Repayment start date | Early redemption |
|---|---|---|---|---|---|
| AL10 | 5 000 USD | 2,7% per annum |
|
January 28, 2028 | not provided |
You can get more detailed information on government bearer bonds in the Bank's Contact Center by phone number - 136.
The Ministry of Finance of the Republic of Belarus announces the placement of government registered bonds (VGDO 362) in US dollars in the trading system of the Belarusian Currency and Stock Exchange OJSC on March 5 to September 7, 2026».
JSC Belagroprombank buys and sells currency long-term government bonds during the period of their circulation 24.04.2026*:
| № Series | Denomination currency | Yield to maturity, % per annum** | Maturity date |
|---|---|---|---|
| 253 | USD | - | 06.05.2026 |
| 264 | USD | - | 14.05.2026 |
| 265 | USD | - | 12.01.2027 |
| 266 | USD | - | 11.02.2028 |
| 271 | USD | - | 10.02.2028 |
| 286 | RUB | - | 23.12.2026 |
| 300 | USD | - | 24.03.2027 |
| 307 | CNY | - | 24.08.2028 |
| 315 | USD | - | 14.03.2028 |
| 320 | USD | - | 14.03.2028 |
| 323 | USD | - | 15.05.2029 |
| № Series | Denomination currency | Yield to maturity, % per annum** | Maturity date |
|---|---|---|---|
| 326 | USD | 3,95 | 27.08.2029 |
| 329 | USD | - | 14.12.2029 |
| 331 | USD | 4,43 | 29.06.2027 |
| 335 | USD | 4,9 | 24.02.2031 |
| 336 | USD | 4,5 | 28.02.2030 |
| 337 | USD | - | 06.03.2031 |
| 340 | USD | 4,0 | 29.06.2027 |
| 344 | USD | 4,9 | 24.02.2031 |
| 346 | USD | 4,5 | 28.02.2030 |
| 357 *** | USD | 2,9 | 28.01.2031 |
| 362**** | USD | 2,9 | 14.05.2031 |
* Information is updated daily during the working week.
** The sale price of bonds is determined based on the calculation of the specified yield to maturity of bonds. The said bond issues are sold on the stock exchange by other market participants (the bank acts as a broker).
*** The number of unplaced bonds VGDO 357 at the end of the trading day 04.23.2026 - 9 pieces.
**** The number of unplaced bonds VGDO 362 at the end of the trading day 04.23.2026 – 7 997 pieces.
The Republic of Belarus bears unconditional obligations to service and repay the state debt of the Republic of Belarus. The state debt of the Republic of Belarus is fully secured by the funds of the republican budget and other property owned by the republic. Payments for servicing and repayment of the state debt of the Republic of Belarus are of priority in relation to other payments in the execution of the republican budget. (paragraphs 3,6 of article 57 of the Code of the Republic of Belarus dated 16.07.2008 No. 412-3 "Budget Code of the Republic of Belarus").
Placement, redemption (early redemption) of government bonds, including through the issuance of new bonds, and payment of income on them is carried out in the currency in which their nominal value is expressed. (paragraph 6 of Chapter 1 of the Regulations on the procedure for issuing, circulation and redemption of government bonds of the Republic of Belarus placed on the domestic financial market, approved by Resolution of the Council of Ministers of the Republic of Belarus No. 722 dated 28.09.2017).
Income of payers received on government securities of the Republic of Belarus is exempt from personal income tax. (Paragraph 2 of paragraph 33 of Article 208 of the Code of the Republic of Belarus dated December 29, 2009 No. 71-Z “Tax Code of the Republic of Belarus (Special Part)).
To purchase bonds, one should:
- open a current (settlement) account in JSC Belagroprombank or any other bank of the Republic of Belarus in the currency of the transaction;
- open a “depo” account (for securities account) with a bank's depository (or another authorized depository of the Republic of Belarus) by concluding an agreement on depositary services;
- conclude an appropriate agreement for the purchase of bonds with the bank (contract for brokerage services or purchase and sale agreement).
In accordance with paragraph 5 of the Instruction on the requirements for the conditions and procedure for the implementation of professional activities in securities, approved by the Decree of the Ministry of Finance of the Republic of Belarus dated August 31, 2016 No. 76 "On the regulation of the securities market", we disclose the local legal act governing the conditions and procedure for performing work and providing services by a broker.
You can find more detailed information on government long-term bonds on the website of the Ministry of Finance of the Republic of Belarus: http://minfin.gov.by, and also get by phone +37544 715 33 25 , 8(017) 229 64 18.
