Russian economy attracts $1 BILLION in foreign investments in 2020 ...News

Economy by : (Russia Today) -
Since the beginning of the year, Russian bond sales have raised more than $1 billion from foreign investors, Kommersant daily reported, citing reports by Bank of America and BCS Global Markets. According to the reports based on Emerging Portfolio Fund Research (EPFR) data, four Russian issuers have already placed $1.6 billion worth of Eurobonds in 2020. The Finance Ministry has placed 145 billion rubles ($2.3 billion) worth of ruble-denominated OFZ federal bonds. Last week, an unknown buyer purchased 58 billion rubles (US$932 million) worth of ruble-denominated sovereign debt, which, according to the ministry, was one of the largest fu

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