OREANDA-NEWS. Belarus borrowed a total of USD 2.952 billion on external markets in January-July 2014 (USD 516 million in July alone), with USD 2.199 billion (USD 692 million in July 2014) spent to pay off the government's external public debt, the Finance Ministry of Belarus said in a report.

This includes a USD 2 billion bridge loan from Russia's Bank VTB (arrived on June 26), USD 450 million in the framework of the Russian Government's credit facility, USD 284.1 million (USD 38.8m in July 2014) drawn in the framework of the Russian government's state export loan for building the Belarusian nuclear power plant; USD 187 million (USD 21m) in Chinese bank loans, and USD 30.9 million (USD 6.6m) in credit resources from the International Bank for Reconstruction and Development; USD 300 million in the EBRD credit facility (no transfers in July).

Belarus paid out USD 859.9 million to repay a standby loan of the IMF in Jan-Jul 2014 (USD 168.1 million in July); USD 150.2 million to repay loans from Chinese banks (USD 60.8m in July); USD 1.04 billion to pay off credits of the Russian government and Russia's VTB Bank (USD 462.5 million); USD 88.3 million to pay of the EurAsEC credit; USD 52.6 million to pay off the credit provided by the Bank of Venezuela; USD 6.9 million to pay off a IBRD credit; USD 700,000 to pay off US credits; USD 100,000 to repay a German credit.

In January-July 2014 the Finance Ministry of Belarus floated USD 35.5 million worth of government bonds for individuals; USD 224.9 million, €43.7 million and Br641.5 billion (USD 61.5m) worth of government bonds for entities.

Since January 1, 2014 the government has repaid USD 400 million worth of government bonds for individuals, USD 112.5 million and Br190.3 billion (USD 18.25 million) worth of bonds for entities.