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 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 50-51th issue 
of JSC “Development Bank of the Republic of Belarus”

Parameter

Bonds of 50th issue    

Bonds of 51th issue    

Bond type

Registered interest-bearing convertible book-entry

Borrowing currency

Belarusian Ruble 

USD 

Issuing volume

BYN 150 000 000,00    

$100 000 000,00 

Par value

BYN 1 000,00 

$1 000,00  

Amount of bonds

150 000 

100 000 

Term

15 years
05.04.2021 – 30.04.2036

15 years
05.04.2021 – 21.04.2036 

Offering period

05.04.2021 – 30.04.2035

05.04.2021 – 20.04.2035 

Yield

Refinancing rate

4,5 % per annum 

Yield payment

Annually (April 10) 

Annually (April 20)

Due date

30.04.2036

21.04.2036 

Purchasing until due date

As per parties’ agreement

Type of offering

Public sale


Main parameters of bonds of the 46-47th issue 
of JSC “Development Bank of the Republic of Belarus”

Parameter

Bonds of 46th issue    

Bonds of 47th issue    

Bond type

Registered interest-bearing convertible book-entry

Borrowing currency

USD 

Belarusian Ruble 

Issuing volume

$50 000 000,00 

BYN 40 000 000,00    

Par value

$1 000,00  

BYN 1 000,00 

Amount of bonds

50 000 

40 000 

Term

02.11.2020 – 29.10.2032

02.11.2020 – 29.10.2032 

Offering period

02.11.2020 – 30.10.2031

02.11.2020 – 30.10.2031 

Yield

4,5 % per annum

Refinancing rate 

Yield payment

Annually (October 25)  

Annually (November 5)

Due date

29.10.2032

29.10.2032 

Purchasing until due date

As per parties’ agreement

Type of offering

Public sale


Main parameters of bonds of the 44-45th issue 
of JSC “Development Bank of the Republic of Belarus”

Parameter

Bonds of 44th issue    

Bonds of 45th issue    

Bond type

Registered interest-bearing convertible book-entry

Borrowing currency

Belarusian Ruble

Issuing volume

BYN 100 000 000,00 

BYN 100 000 000,00 

Par value

BYN 1 000,00  

BYN 1 000,00 

Amount of bonds

100 000 

100 000 

Term

10 years (from 15.07.2020 to 31.07.2030)

Offering period

9 years (from 15.07.2020 to 31.07.2029)

Yield

Refinancing rate (subject to changes of its value) 

Yield payment

Annually (June)  

Annually (August)

Due date

31.07.2030  

Purchasing until due date

As per parties’ agreement

Type of offering

Public sale


Main parameters of bonds of the 43th issue 
of JSC “Development Bank of the Republic of Belarus”

Parameter  Bonds of 43th issue
Bond type Registered interest-bearing convertible book-entry 
Borrowing currency USD 
Issued volume $50 000 000,00
Par value $1 000,00  
Amount of bonds 50 000
Term  15 years 
(from 05.05.2020 till 30.04.2035)

Offering period

14 years 
(from 05.05.2020 till 28.04.2034)
Yield 4,0 % per annum  
Yield Payment   Annually    
Due date  30.04.2035   
Purchasing until due date As per parties’ agreement
Type of offering 
Public sale 


Main parameters of bonds of the 42th issue 
of JSC “Development Bank of the Republic of Belarus”

Parameter  Bonds of 42th issue
Bond type Registered interest-bearing convertible book-entry 
Borrowing currency Belarusian Ruble
Issued volume BYN 100 000 000,00
Par value BYN 1 000,00  
Amount of bonds 100 000
Term  10 years 
(from 05.05.2020 till 30.04.2030)

Offering period

9 years 
(from 05.05.2020 till 30.04.2029)
Yield Refinancing rate (subject to changes of its value) 
Yield Payment   Annually (July)   
Due date  30.04.2030  
Purchasing until due date As per parties’ agreement
Type of offering 
Public sale 


Main parameters of bonds of the 41th issue 
of JSC “Development Bank of the Republic of Belarus”

Parameter  Bonds of 41th issue
Bond type Registered interest-bearing convertible book-entry 
Borrowing currency Belarusian Ruble
Issued volume BYN 100 000 000,00
Par value BYN 1 000,00  
Amount of bonds 100 000
Term  10 years 
(from 05.05.2020 till 30.04.2030)

Offering period

9 years 
(from 05.05.2020 till 30.04.2029)
Yield Refinancing rate (subject to changes of its value) 
Yield Payment   Annually (May)   
Due date  30.04.2030  
Purchasing until due date As per parties’ agreement
Type of offering 
Public sale 


Main parameters of bonds of the 40th issue 
of JSC “Development Bank of the Republic of Belarus”

Parameter  Bonds of 40th issue
Bond type Registered interest-bearing convertible book-entry 
Borrowing currency Belarusian Ruble
Issued volume BYN 100 000 000,00
Par value BYN 1 000,00  
Amount of bonds 100 000
Term  10 years 
(from 02.12.2019 till 30.11.2029)

Offering period

9 years 
(from 02.12.2019 till 30.11.2028)
Yield Refinancing rate (subject to changes of its value) 
Yield Payment   Annually (November)   
Due date  30.11.2029 
Purchasing until due date As per parties’ agreement
Type of offering 
Public sale 


Main parameters of bonds of the 38-39th issue 
of JSC “Development Bank of the Republic of Belarus”

Parameter

Bonds of 38th issue    

Bonds of 39th issue    

Bond type

Registered interest-bearing convertible book-entry

Borrowing currency

Belarusian Ruble

Issuing volume

BYN 100 000 000,00 

BYN 100 000 000,00 

Par value

BYN 1 000,00  

BYN 1 000,00 

Amount of bonds

100 000 

100 000 

Term

10 years (from 25.03.2019 to 30.03.2029)

Offering period

9 years (from 25.03.2019 to 31.03.2028)

Yield

Refinancing rate (subject to changes of its value) 

Yield payment

Annually (March)  

Annually (September)

Due date

30.03.2029 

Purchasing until due date

As per parties’ agreement

Type of offering

Public sale


Main parameters of bonds of the 37th issue 
of JSC “Development Bank of the Republic of Belarus”

Parameter  Bonds of 37th issue
Bond type Registered interest-bearing convertible book-entry 
Borrowing currency USD
Issued volume $19 000 000,00
Par value $1 000,00 
The amount of bonds 19 000
Term  7 years 
(from 22.10.2018 till 31.10.2025)

Offering period

6 years 
(from 22.10.2018 till 31.10.2024)
Yield 4,5 % per annum
Yield Payment   Semiannually (once every 6 months)  
Due date  31.10.2025
Call provision No
Type of offering 
Public sale 


Main parameters of bonds of the 35-36th issue 
of JSC “Development Bank of the Republic of Belarus”

Parameter

Bonds of 35th issue    

Bonds of 36th issue    

Bond type

Registered interest-bearing convertible book-entry

Borrowing currency

USD

Euro

Issuing volume

$40 000 000,00

EUR 40 000 000,00

Par value

$1 000,00 

EUR 1 000,00

Amount of bonds

40 000

40 000

Term

5 years (from 01.08.2018 to 31.07.2023)

Offering period

4 years (from 01.08.2018 to 29.07.2022)

Yield

4,5 % per annum

3,5 % per annum

Yield payment

Semiannually (once every 6 months)  

Due date

31.07.2023

Purchasing until due date

As per parties’ agreement

Type of offering

Public sale



Contacts:

Alesia Yakimush
Head of Client Management Department
Tel.: +375 (17) 309 68 01, +375 (17) 309 68 89, E-mail: yakimush.a@brrb.by

Representatives of the Department of Client Management in Branches:

+375 (162) 53 76 35 (Brest); +375 (212) 35 96 20 (Vitebsk);
+375 (232) 26 33 49 (Gomel); +375 (152) 75 43 39 (Grodno);
+375 (17) 309 68 65, +375 (17) 309 68 67 (Minsk);
+375 (222) 64 40 11 (Mogilev)