Russia to issue RMB bond 'by early 2020' as domestic borrowers eye Chinese markets
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Asia

Russia to issue RMB bond 'by early 2020' as domestic borrowers eye Chinese markets

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Russia will issue renminbi government bonds by early 2020, said Russia deputy finance minister Alexey Moiseev on Thursday at the Moscow Exchange Forum in London. The move is a bid to widen access for Russian corporates eyeing renminbi debt, while diversifying funding sources away from the dollar.

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