11:14 GMT +321 July 2018
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    A Russian ruble coin is pictured in front of St. Basil cathedral in central Moscow

    BRICS New Development Bank, Moscow Discussing Ruble-Based Bonds

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    2016 Eastern Economic Forum in Russia's Vladivostok (41)
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    Moscow and the BRICS New Development Bank are in talks on issuing ruble-based bonds in Russia.

    VLADIVOSTOK (Sputnik) — BRICS' New Development Bank and the Russian government are in talks on issuing ruble-based bonds in the Russian market, the bank's vice president told Sputnik on Thursday.

    "We have plans…in other national bond markets, including Russia. We are already in discussions with Russian government of the possibilities of issuing ruble-based bonds in Russia as well," Zhu Xian said.

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    2016 Eastern Economic Forum in Russia's Vladivostok (41)

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    ruble, BRICS New Development Bank (NDB), Zhu Xian, Russia
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