Russia asks to duty in the West – BBC

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Russia has sent 25 foreign banks to bid for the organization of the placement of government bonds in 2016. This is stated in a statement the Ministry of Finance, which was published on Friday, 5 February

The list includes mainly the largest US banks, Europe and China:. Barclays, BNP Paribas, Bank of America Merrill Lynch, Bank of China, Wells Fargo, Goldman Sachs, JP Morgan, Deutsche Bank, Industrial and Commercial Bank of China, Crédit Agricole, Credit Suisse, Landesbank Baden-Wuerttemberg, Morgan Stanley, Mizuho Financial, Nomura, Citigroup, Societe Generale, Scotiabank, TD Securities, China Construction Bank, Agricultural Bank of China, HSBC, RBC Capital Markets, UBS, UniCredit.

In addition, the list includes and three Russian banks. VTB (potential placement will “VTB Capital”), Gazprombank and Sberbank (Sberbank CIB)

Last time Russia to place government bonds in September 2013, when Russia has not blocked access to the capital markets in the West. Formally Western sanctions do not apply to government borrowing.

Previous reported that the head of the Accounting Chamber Tatyana Golikova said that he opposes the increase of the state debt to Russia size.

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