Foreign investors on May 23 and 24 bought around $1.3 billion of a Eurobond offering by Russia – its first since sanctions were imposed against it for forcibly annexing Crimea and Moscow’s support for separatists in eastern Ukraine.
Reuters quotes financial market sources as saying that Russia sold $1.75 billion of the 10-year Eurobonds at a yield of 4.75 percent.
The sources said $1.3 billion of those sales involved foreign investors from Europe, the United States, and Asia.
Russia launched the Eurobond offering on May 23 and extended the sales by a day in the hope of attracting Asian investors.
Some Western banks said they were not taking part amid concerns about the sanctions risk.
