Russia to be ready to issue rouble-denominated Eurobonds by mid-November.

By bne IntelliNews September 9, 2010
Russia is going to be technically ready to issue rouble-denominated Eurobonds by mid-November 2010, deputy FinMin Dmitry Pankin announced. He explained that necessary legislative changes need to take place, but the work on amendments to the budget already begun. However, the question whether to hold the Eurobond placement this or next year is still open, Pankin noted. The issue could amount to USD 1bn-USD 3bn for 5-years.

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