The plan was to sell up to $3 billion in 10-year, dollar-denominated eurobonds. The yield, at around 4.75 percent, was generous compared to Western bond markets. Within a few hours, banking sources were saying that orders had been placed worth $5.5 billion…The Moscow Times is a liberal paper not friendly to the government, so this is unlikely to be a puff piece.
The Moscow Times
Was Russia's First Bond Sale in 3 Years a Success?
Peter Hobson
The Moscow Times is a liberal paper not friendly to the government, so this is unlikely to be a puff piece.
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