Friday, Apr 19 2024 | Time 19:13 Hrs(IST)
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World


VTB head says Russian Eurobond deal good for local financial infrastructure

MOSCOW, May 25 (Reuters) The latest Russian Eurobond issue, which took place without the participation of major international settlement agencies Euroclear and Clearstream, is good for Russia's financial infrastructure, Andrei Kostin, chief executive of VTB bank, said on Wednesday.
VTB's investment banking unit VTB Capital was the sole arranger of the
1.75 billion Eurobond placement this week, which was the first Russian sovereign Eurobond since 2013.
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