Before the end of the year Russia may hold additional placement of Eurobonds for $1.2 billion in connection with the transfer of the privatization of Bashneft, according to Russian Minister of Finance Anton Siluanov, RIA Novosti reports. The Ministry of Finance for the first time since 2013 had placed the sovereign Eurobonds on May 24, 2016. In total, securities worth $1.7 billion have been sold while the demand was at $7 billion according to the results of placements. The maximum volume of Russian foreign loans for this year was fixed at $3 billion.

 

 

 

Photo: mikle1.livejournal.com

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