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Emerging MarketsEM CEE

Russia bonds: 2014 maturities and potential for refinancing

With around $5.9bn of international bonds maturing before the end of this year, Russian banks and corporates face an uncertain future in the global capital markets as US and EU sanctions begin to bite. Among borrowers that have maturities looming are Sberbank and Gazprombank which are both sanctioned by the US and EU.

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