Kremlin spokesman says Putin, Trump to meet in HamburgRussian Politics & Diplomacy June 26, 13:39
Russia to wean off Ukrainian gas turbine engines by mid-2018Business & Economy June 26, 13:17
Astana meeting on Syria to focus on de-escalation zones — LavrovRussian Politics & Diplomacy June 26, 13:07
Northern Fleet divers resume surveying of WWII Arctic convoy transporterBusiness & Economy June 26, 13:00
Press review: Doubts over Putin-Trump talks and cornerstones for 2018 elections in RussiaPress Review June 26, 13:00
Top official says Russia’s warships operating in Syria praised by market playersMilitary & Defense June 26, 12:48
Russian arms exporter raked in $24 bln for selling 50 warships since 2000Military & Defense June 26, 12:39
Attack aircraft exercise on mock-up ‘enemy’ targets results in smashing successMilitary & Defense June 26, 12:14
Russia and India may ink deal on frigate supplies by end of JulyMilitary & Defense June 26, 12:05
MOSCOW, September 22. /TASS/. Binbank Group has decided to participate in the placement of 10-year sovereign bonds for the sum of $1.25 bln, the issue of which Russia’s Finance Ministry confirmed on Thursday, managing director of Bnbank Group Kirill Petrov told TASS.
"We are to participate in this placement by the Finance Ministry. The market still has the shortage of high-quality foreign exchange instruments. Debt securities of the Finance Ministry are interesting to us in terms of investment in reliable financial instruments and diversification of currency assets," he said.
Bank Uralsib has earlier also announced its decision to participate in the placement.
The Russian Finance Ministry on Thursday confirmed additional placement of Eurobonds for $1.25 bln maturing in 2026.
In May of this year, the Finance Ministry for the first time since 2013 has placed the first tranche of sovereign Eurobonds. As a result, the volume of the sold securities amounted to $1.75 bln with demand for $7 bln.
The Finance Ministry noted at the time, that more than 140 investors applied for purchasing new Russian Eurobonds, 55% of them are banks.