The Finance Ministry has not yet decided the instruments external borrowing in 2016

The Finance Ministry has not yet decided the instruments external borrowing in 2016


The Minister of Finance of Russia Anton Siluanov said that the Ministry will evaluate the demand for Russian bonds, the interest of investors. He recalled that the draft budget has set a limit value of the external borrowing of $3 billion.

LIMA, 10 Oct. The Finance Ministry has not yet decided the instruments external borrowing in 2016, this will depend on the situation on the markets, told journalists the Minister of Finance of Russia Anton Siluanov.

“We can go out and externally on the markets as it is today it makes a number of our companies, we will see how the demand for our bonds, the interest of investors. If it is acceptable, we’ll go out in the usual manner, as it did three years ago. Can also means to go out and the currencies of our Asian partners and then to pay for these currencies in our bilateral trade,” he said.

Siluanov recalled that the draft budget for 2016 laid limit value of the external debt of the Russian Federation at the level of $ 3 billion. If the Finance Ministry decides to refuse external loans next year, the law is to increase domestic borrowing by the same amount.

“The final solution, the recipe has not been made yet, but next year we do not exclude the existence of such opportunities to go out and take external market these resources,” he said.