OREANDA-NEWS. Belarus is looking to forward to having new sovereign credit ratings assigned by Standard & Poor’s in late April and Moody’s in late May this year, Belarus’ First Deputy Minister of Finance Vladimir Amarin told reporters.

For the time being, Standard & Poor's long-term foreign and local currency sovereign credit ratings for Belarus stand at 'B-', with a stable outlook.

Moody's foreign- and local-currency government bond ratings for Belarus currently stand at B3, with a negative outlook.

The vice minister of finance reckons that it is unlikely that both ratings will be downgraded.

Belarus, which is due to launch a Eurobond offering soon, finds it important to have sovereign credit ratings assigned by the world’s top-notch ratings agencies. Belarus has already conducted a road show to promote the government’s Eurobonds in Europe and Asia.