Russian non-state banks purchased domestic sovereign Eurobonds for $ 550 million. On Wednesday, may 25, Minister of Finance Anton Siluanov, reports TASS.
According to him, were reviewed all applications and selected, first and foremost, foreign parties that wanted to invest in Russian securities. “We stopped at total attract 1,75 billion dollars, of which about 1.2 billion bought by foreign parties, about 550 million of Russian banks”, — said Siluanov.
“Among the Russian banks we selected are not public, so that they could continue to work with these papers”, he added.
Previously, the newspaper “Vedomosti” reported artificially inflating demand for Russian Eurobonds, which placed the Ministry of Finance. The company applied for a much larger amount than was going to buy, said the publication of market participants.
24 may it was reported that Russia has placed Eurobonds with a maturity of 10 years and a volume of 1.75 billion dollars at 4.75 per cent per annum.
The Ministry announced the plan to issue Eurobonds on may 23. May 17, Siluanov said that the obtaining of foreign loans is not critical for the Russian budget.
