The Deputy Minister of Finance of Russia Sergey Storchak noted that the issue of placement of bonds in foreign markets depends on budget execution.
MOSCOW, 15 Oct. The issue of placement of Russia’s Eurobonds denominated in U.S. dollars and Euro, depends on the lifting of restrictions by the West in trade and investment, said Deputy Minister of Finance of Russia Sergey Storchak.
In an interview with TV channel “Russia 24”, he reminded that the volume of external borrowings of the Russian Federation in 2016, which is incorporated in the draft Federal budget is $ 3 billion. The question of placement of bonds in foreign markets depends on budget execution.
“I do not exclude any option — and dollars, and euros, and options to enter the domestic Chinese market. In the first two cases the question is the reduction or lifting of restrictions in mutual trade and investment, in the second case — ready infrastructure, legal platforms,” — said Storchak.