Currency converter
^
All news
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Rusal may float yuan-denominated bonds on Moscow Exchange

October 26, 21:27 UTC+3 MOSCOW

Earlier this year, Rusal became the first Russian company that offered yuan-denominated Panda Bonds

Share
1 pages in this article

MOSCOW, October 26. /TASS/. Russian aluminum producer Rusal registered an exchange-traded bonds program making possible to float bonds on the Moscow Exchange in foreign currencies, including yuan, department director Elena Ivanova said on Thursday.

"We have registered the exchange bonds program on the Moscow Exchange. They can be denominated in different currencies, including yuan. Therefore, we are ready to look in this direction if Chinese investors show interest in particular," Ivanova said.

Earlier this year, Rusal became the first Russian company that offered yuan-denominated Panda Bonds. The company floated them in the amount of 1 bln yuan ($150.6 mln) in March 2017 and 0.5 bln yuan ($75.3 mln) in September.

Panda Bonds are bonds floated by foreign companies and banks on the domestic market of China in yuan.

Show more
Share
In other media
Реклама
Partner News
Реклама