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Thursday, February 23, 2017

Russia announced the return to the international debt market


The Ministry of Finance of the Russian Federation on Monday, may 23, announced the placement of Eurobonds on the international capital market. Thus, Russia returned to the international debt market after three years since the last loan, RBC reminds. Then, in September 2013, Russia sold the paper for $6 billion, maturing in 2019, 2023 and 2043, respectively.

The organizer of placing will act “VTB Capital”. According to Bloomberg, the benchmark yield of placed Eurobonds will be 4,65–4,9%.

The Eurobond issue was postponed due to sanctions and recommendations to Western banks not to participate in this process. However, at last it became known that Russia intends to do without the participation of foreign banks.

Sanctions . Chronicle of events

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