The Ministry of Finance is not bound by the terms of issue of Eurobonds, with possible US sanctions

© RIA Novosti / Natalia to Seliverstova in photobacteria of the Ministry of Finance of Russia on the street Ilyinka in Moscow. Archival photoThe Ministry of Finance is not bound by the terms of issue of Eurobonds, with possible US sanctions© RIA Novosti / Natalia to Seliverstova the image Bank

The Finance Ministry is waiting for appropriate market conditions to issue Eurobonds and does not associate the term with a possible U.S. decision to toughen sanctions against Russia, told reporters Deputy Finance Minister Sergei Storchak.

«It’s a situation. We’re at a loss won’t sleep,» — Storchak said, answering the question about the possible duration of placement of Eurobonds of the Russian Federation. The Finance Ministry this year plans to issue Eurobonds for $ 3 billion.

«We just prepare a normal release without any motive,» he said, answering a question on possibility of placing of these papers before the authorities of the United States on new sanctions against Russia.

Thus, according to him, the Ministry of Finance does not conduct a competition among banks, which can be the organizers of this placement.

«I don’t know, we hold a contest (banks-organizers of placing of Eurobonds – ed.) or not. No time for the contest,» — said Storchak. «Now the blend will not, but the decisions should be taken», — he said.

The President of the United States Donald trump in 2017, signed a law expanding the number of sectoral sanctions against the Russian economy. It is expected that the new package of restrictive measures, the United States will introduce at the end of January.

The Ministry of Finance is not bound by the terms of issue of Eurobonds, with possible US sanctions© RIA Novosti, Infografiken sanctions against Russia and retaliatory measures

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