The Russian Finance Ministry is not planning to enter the market with a new instrument, the yuan-denominated bonds, until well into 2017. “Sovereign bonds in the yuan currency are not planned for this year,” an aide to the Finance Minister Svetlana Nikitina told reporters on December 15, 2016.
GlobalCapital reported earlier that the yuan-denominated bond deal might be launched on December 22.
Author
Editor
Russian-American Business magazine offers reliable, in-depth information on business-es in Russia, featuring exclusive content and data resources. Looking at current market conditions from the standpoint of a business decision-maker, Russian-American Business magazine helps its readers stay current on important events and the inside workings of Russia’s economic and political system, open up new opportunities, as well as connect with the U.S.-Russia business world. The magazine explores the connections between Russian and American private and public sector entities in business, finance, logistics, science, and technology.
Leave a comment