Russia to Issue $1bn In Yuan Bonds, IMF Predicts Bankruptcy of Saudi Arabia by 2020

 Federal loan bonds denominated in Chinese yuan will be issued on the Moscow Exchange in 2016, the director of the debt department of the Russian Finance Ministry Konstantin Vyshkovsky said Friday.
The $1 billion is only the minimum amount, according to the ministry. Other details such as the repayment period and the interest rate will be determined immediately before the issue in accordance with the preferences of potential investors, said Vyshkovsky.






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