Securities

Securities issue

The fact that money should function and bring profit as any other asset does is known to everybody. It is in theory. In practice, however, many senior officials forget all about it when they let their companies’ money funds stay idle on bank accounts for weeks, or even months. Meanwhile there are secure instruments that can “make” your capital work 24 hours a day, weekends and holidays included.

Bonds of JSC “Development Bank of the Republic of Belarus” are a secure and highly profitable way of investing money funds of enterprises and financial organizations.

The advantages of investing money funds in bonds of JSC “Development Bank of the Republic of Belarus” include:

  • high yields as a result of preferential tax treatment of bond yields. In accordance with Tax Code of the Republic of Belarus income from realization and redemption of the Development Bank’s bonds, including interest income, is not subject to taxation;
  • reliability of investment: pursuant to clause 2-1 of the Decree of the President of the Republic of Belarus № 261 as of June 21, 2011 “On Establishment of Joint-Stock Company “Development Bank of the Republic of Belarus” the Republic of Belarus bears secondary liability for obligations of JSC “Development Bank of the Republic of Belarus” on issuance, circulation and redemption of the Development Bank’s bonds;
  • the Development Bank’s bonds are included into the Lombard List of Securities accepted by the National Bank of the Republic of Belarus as collateral for Lombard and other loans (collateral ratio is 0.95) ;
  • the Bank’s bonds have passed the listing procedure at JSC Belarusian Currency and Stock Exchange and are freely traded on the secondary market; 
  • the opportunity for commercial banks not to create reserves for Development bank’s bonds (in accordance with the Resolution of the Board of National Bank of the Republic of Belarus №182 as of 28.03.2013).

The Development Bank is ready to consider the possibility of bond issuance for legal entities and financial organizations on a case-by-case basis.

Bonds in circulation:

Main parameters of bonds of the 29-30th issue 
of JSC “Development Bank of the Republic of Belarus”

Parameter

Bonds of 29th issue

Bonds of 30th  issue

Bond type

Registered interest-bearing convertible book-entry

Borrowing currency

Belarusian Ruble

Issuing volume

BYN 100 000 000,00

BYN 50 000 000,00

Par value

BYN 1 000,00 рублей

Amount of bonds

100 000

50 000

Term

5 years (from 01.09.2016 to 31.08.2021)

Offering period

3 years  (from 01.09.2016 to 31.08.2019)

Yield

Refinancing rate  (subject to changes of its value)

Yield payment

Quarterly

Monthly

Due date

31.08.2021

Purchasing until due date

As per parties’ agreement

Type of offering

 Public sale

Main parameters of bonds of the 26th issue
of JSC “Development Bank of the Republic of Belarus”

Parameter  Its value
Bond type Registered interest-bearing convertible book-entry 
Borrowing currency Belarusian Ruble
Issued volume 1, 000, 000, 000, 000 Belarusian Rubles
Par value 1, 000, 000 Belarusian Rubles
The amount of bonds 1, 000, 000
 Period of bond placement  5 years 
(from 03.11.2014 till 01.10.2019)

Period of circulation

6 years 
(from 03.11.2014 till 31.10.2020)
 Yield Refinancing rate
Yield Payment    quarterly 
 Bond Expiry Date  31.10.2020
 Call provision No
 Type of bond placement 
Public sale 

Main parameters of bonds of the 25th issue
of JSC “Development Bank of the Republic of Belarus”

Parameter  Its value
Bond type  Registered interest-bearing convertible book-entry 
Borrowing currency
 Belarusian Ruble
Issuing volumes  1 000 000 000 000 Belarusian Rubles
Par value   1 000 000 Belarusian Rubles
The amount of bonds    1 000 000
Period of bond placement   3 years
 (from 12.05.2014 till 12.05.2017) 
Period of circulation   5 years
 (from 12.05.2014 till 13.05.2019) 
Yield    Refinancing rate + 2 %
Yield Payment   quarterly
Bond Expiry Date   13.05.2019
Call provision  No
Type of bond placement  Public sale


Additional information may be received by telephones:

+ 375 17 239 1149 – Eugeni Stashkevich