Russian companies active in international financial markets.

By bne IntelliNews March 25, 2010
As summed up by Financial Times paper, Russian companies and banks increased their activity in international financial markets, as seen by the peaking volumes of Eurobonds issues in the last four weeks. The reasons for such are willingness to borrow a currently low interest and to avoid competition from the state which decided to issue Eurobonds for the first time in a decade, FT believes. According to the banking sources, Russian companies plan to issue USD 10bn-USD 13bn worth of Eurobonds this year (USD 13.7bn last year). In the last four weeks VTB Bank, Bank of Moscow, Alfa-Bank, RosSelkhozBank and others raised about USD 4bn in the international markets, oil major TNK-BP issues USD 1bn worth of Eurobonds and RZD plans an issue of USD 1bn in the nearest future.  

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