Kudrin Continues Russia’s Prudent Fiscal Management…Bank Of Russia To Increase Borrowing Rather Than Dip Into Reserves.
China And Russia To Edge Closer To Reducing US Dollar Reliance With Moscow Set To Launch First Yuan Bond.
Russia Celebrates Sanctions Anniversary With Record Ruble-Bond Sale.
Ukraine Is About To Borrow A Whole Lot Of Money…Back In The Bond Market.
With the Russian economy still teetering on the edge of positive growth, and with oil prices remaining in the $60 range, the Russian Finance Ministry plans to issue additional eurobonds this year to take advantage of market demand and fill holes in the federal budget. Russia has a reputation of…
The Russian bond market has been thrown into turmoil by legislation which effectively forced foreign credit rating agencies from leaving the Russian market, leaving on Russian owned firms available to assign ratings to fixed-income securities. The legislation was put into effect after Western agencies downgraded Russia upon the annexation of…
Image by kremlin.ru After mass protests from truck drivers and others Russians upset at tax policy, Moscow seems desperate to drive more revenue into the Kremlin’s coffers. Western sanctions and a precipitous drop in the price of crude oil on international markets, in spite of OPEC and Russia’s attempts to…