RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS AND NATIONAL BANK OF THE REPUBLIC OF BELARUS

of December 29, 2006 No. 1753/22

About the issue, the address and bond redemption emitted by banks

For the purpose of implementation of the Presidential decree of the Republic of Belarus of August 28, 2006 "About issue of bonds by banks" the Council of Ministers of the Republic of Belarus and National Bank of the Republic of Belarus DECIDE No. 537:

1. Approve Regulations on procedure for issue, the address and bond redemption emitted by banks it (is applied).

2. This resolution becomes effective from the date of its official publication.

Approved by the Resolution of Council of Ministers of the Republic of Belarus and National Bank of the Republic of Belarus of December 29, 2006 No. 1753/22

Regulations on procedure for issue, the address and bond redemption emitted by banks

1. This Provision regulates features of issue, the address and bond redemption emitted by the banks performing in accordance with the established procedure attraction of money of physical persons into accounts and (or) in deposits (deposits) (further – emitting banks), and provided with right to claim on the credits issued by banks on construction, reconstruction or acquisition of housing on the security of the real estate (further – bonds).

2. The funds raised by emitting banks by bond emission go for refinancing earlier issued and issue of the new credits for construction, reconstruction or acquisition of housing on the security of the real estate.

Bonds are emitted in paperless form.

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