By: hobi50 on Giovedì 22 Settembre 2016 14:16
"Russias finance ministry is planning to raise an additional $1.25bn in to top up its coffers in the face of economic difficulties.
The new offering follows Russias bumpy return to international capital markets earlier this year. A $1.75bn bond issued in May was intended to demonstrate the governments ability to attract overseas investment despite sanctions following the invasion of Crimea in 2014, but took a full two months to gain acceptance on Euroclear, the worlds largest clearing house.
Timothy Ash, economist at Nomura, said Euroclears acceptance should make the latest issue easier, but added that potential buyers will have to feel comfortable with statements in the documents that the funds raised will in no way be used to finance sanctioned activities and that the Russian Ministry of Finance can suitably ring-fence the funds.
Alexei Ulyukaev, Russias economy minister, told Interfax the new offering will not be a substitute for further privatisation. The government announced a privatisation drive tohelp offset the impact of lower oil prices in January, and Mr Ulukaev said one or two more sales are possible before the end of the year."
Quando ho letto pensavo che si fossero dimenticati almeno uno zero alla cifra richiesta al mercato.
Se non ci fosse il nome del prenditore si sarebbe potuto pensare a San Marino .
Hobi