Russia to discuss terms of 2nd loan tranche with Belarus Jan. 28

MOSCOW, January 22 (RIA Novosti) - Russia and Belarus will discuss the terms of a second $1 billion tranche of the $2 billion stabilization loan at a meeting in Minsk on January 28, Russian Finance Minister Alexei Kudrin said Thursday.

The first tranche was received by the Belarusian Finance Ministry in November 2008. The Russian state loan was granted to Belarus for 15 years at LIBOR plus 3% of annual interest with a deferment of debt repayment for five years.