Russia is selling ruble-denominated Eurobonds worth $1.4 billion, Bloomberg reports. The ruble bonds will mature in August 2016 and have a yield of 7.59%. Deutsche Bank, HSBC Holdings, JPMorgan Chase, Renaissance Capital and VTB Capital were appointed to arrange the offering. The government was seeking to offer about $3 billion of ruble Eurobonds with a maturity of as much as five years.
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