December 7, BPN. Belarus made payments to holders of its Eurobonds in rubels on December 6, a fourth such instance.
The Belarusian finance ministry said payments were made to the accounts of bondholders from Russia, Armenia and Belarus.
In July, Moody’s said that the payment of foreign-currency debt in Belarusian rubels constituted a default.
In October, the World Bank attached a “non-performing” label to all loans granted to Belarus by its main lending arm, citing overdue payments.
Belarusian financial sector remains under heavy western sanctions.
Subscribe
on our social networks so you don't miss important news (if it's safe for you to do so)
Authorization
Forgot your password?
Exit profile
