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The Ministry of Finance announced the return of Russia on the international capital market

 

Минфин объявил о возвращении России на международный рынок капиталаRussia allocates a new issue of Eurobonds on the international capital market. On Monday, may 23, the press center of the Ministry of Finance.

“Production is carried out according to the program of external borrowing, in accordance with the law on the budget for the current year”, — noted in Department.

The organizer of the placement of securities is the investment Bank “VTB Capital”.

Earlier, on 20 may, the head of VTB Andrey Kostin said that Russia may place Eurobonds, without the help of foreign banks.

May 17, Finance Minister Anton Siluanov said that the obtaining of foreign loans is not critical for the Russian budget. “We will find the sources of financing the budget deficit within the financial market of the Russian Federation”, — govorilo and noted that foreign markets are countries which have difficulties with balance of payments, and they need to borrow foreign currency in order to pay their debts.

On March 23, the newspaper the Wall Street Journal announced that several European banks refused to participate in the procedure of placing of the Russian Eurobonds, not wanting to displease the U.S. authorities and the EU

25 February the US government rekomendovannym U.S. investment banks not to engage in transactions with Russian bonds.

The government plans to borrow abroad up to three billion dollars. The money will go to cover the budget deficit (it is equal to 2.36 trillion

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