MOSCOW (Sputnik) — Russia is placing $1.75 billion in 10-year Eurobonds offering a yield of 4.75 percent, a banking industry source said Tuesday.
Russian Economy Minister Alexei Ulyukayev said earlier on Tuesday that foreign investors had shown high interest in Russia's first sovereign debt offering since the Ukraine crisis broke out in 2014.
The placement, managed by Russia's VTB capital, was scheduled for Monday, but the bond sale was extended to Tuesday to attract more investors from Asia as demand had reportedly reached $6.3 billion worth of Russian Eurobonds.
