The Ministry of Finance spoke about the foreign interest in Russian Eurobonds

© RIA Novosti / Alexei Sharecompat in fotomanipulacii dollar and the Russian ruble. Archival photoThe Ministry of Finance spoke about the foreign interest in Russian Eurobonds© RIA Novosti / Alexei Sharecompat the image Bank

Foreigners are actively interested in purchase of Russian Eurobonds, told RIA Novosti Deputy Minister of Finance Vladimir Kolychev.

On the eve of the Finance Ministry has placed Eurobonds in billion euros at 3% per annum maturing in December 2025.

«Many foreigners, some Russian, much of Europe, partly USA, continental Europe,» said Kolychev on the sidelines of the forum «VTB Capital» «Russia calls!», answering the question of who acted as buyers of bonds.

The Deputy Minister said that US buyers were few, as Russia is focused primarily on Europe.

«Up to 10%, 7% in my opinion, just do not tell», — he said.

In 2019 Russia may withdraw from the placement of Eurobonds. As noted by Deputy Finance Minister Sergei Storchak, the urgent need for this.

The draft budget for next year includes foreign loans amounting to three billion dollars, and also the redemption of Eurobonds in the range of four billion dollars.

Source