Russia plans to issue fresh dollar Eurobonds to raise over USD 3 billion

Russia plans to issue fresh dollar Eurobonds to raise over USD 3 billion
  • Country:
  • Russian Federation

Russia will issue up to $3 billion in new dollar Eurobonds and up to 750 million euros in a top-up issue of euro-denominated Eurobonds, a financial market source said on Thursday.

Demand for the 2025 Eurobond exceeded 3 billion euros, while the total amount of bids for the 2035 Eurobond has topped $7 billion, the source said.

Russia has set a final yield at 2.375 per cent for the 2025 Eurobond and at 5.1 per cent for the 2035 dollar Eurobond, the source said.

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