Russia looks to retire pricey ruble bonds to ensure economic stability ...News

Russia’s Ministry of Finance is considering a buyback of floating-rate ruble bonds sold to boost emergency funds amid the Covid-19 pandemic, according to Deputy Finance Minister Timur Maksimov. “The goal is to restore the right structure of the portfolio so that in the next crisis, government debt can be used to conduct an active economic policy again,” the government official said in an interview with Bloomberg. Also on rt.com Russia’s gold & foreign currency reserves break through $590 BILLION Returns from floating-rate bonds climb together with the ce

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