Support The Moscow Times!

VEB Plans $967M Bond

SOCHI — State-run Vneshekonombank plans to sell as much as 30 billion rubles ($967 million) on the domestic bond market by the end of this year, chairman Vladimir Dmitriyev said Friday.

The sale is part of the bank’s target to sell as much as 190 billion rubles domestically, he told reporters, without giving a time frame for the sale of the total amount. VEB will wait with selling ruble bonds outside Russia until the government has proceeded with its ruble eurobond sale, he said.

(Bloomberg)


Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

As we approach the holiday season, please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world’s largest country.