Lukashenko authorizes govt to issue $2 Bln worth of Eurobonds in 2010-2011
MINSK. May 15 (Interfax) - Belarusian President Alexander Lukashenko has authorized the government to place up to $2 billion worth of Eurobonds with a maturity period of at least five years outside Belarus in 2010-2011, says presidential decree No. 245 available on the National Center of Legal Information's website.
The president also authorized the government to approve a prospectus for each issue within $2 billion and the contracts related to the issue, placement, circulation, and redemption of these Eurobonds.
The document exempts the incomes of the foreign organizers of the issue from income tax.