Oops! Lukashenko ‘restructuring’ slip up sparks Belarus sell-off

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Oops! Lukashenko ‘restructuring’ slip up sparks Belarus sell-off

Comments from Belarus’ president Alexander Lukashenko that the country may hold debt restructuring talks this year sent Belarus’ 2015 Eurobond crashing 26 cash points, according to one banker. However the Ministry of Economy later clarified that Belarus fully intends to service its debt and that the president had accidently said restructuring when he meant to say refinancing, sending the bonds back up nearly 18 points.

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