RAB reopens Eurorouble market, grabs big saving

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RAB reopens Eurorouble market, grabs big saving

The spectacular funding levels available in the Eurorouble market were laid bare on Monday when Russian Agricultural Bank reopened the sector with a deal that offered a big saving over domestic rouble bonds and the dollar market. But this is a select club. Bankers reiterated their regular argument that not all issuers can achieve the same result.

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