Market Quotes of Belarusian Eurobonds Went Down Sharply

The European Union gave the green light to impose sanctions against the banking sector in Belarus.

Market quotations of Belarusian Eurobonds are declining amid news about the adoption by EU ministers of a decision on sanctions against Belarus, reports Yahoo! Finance.

Belarusian Eurobonds with maturities until 2031 collapsed by 7% in one day.

Investors are getting rid of bonds amid new sanctions.

It should be noted that today the European Union gave the green light to impose sanctions against the banking sector of Belarus. Earlier, it was reported that a ban on the purchase of Eurobonds from the official Minsk would be introduced.