Russia says may cancel Eurobond issuance plans this year


  • World
  • Friday, 21 Mar 2014

MOSCOW (Reuters) - Finance Minister Anton Siluanov said on Friday that Russia may cancel its foreign borrowing plans for 2014 and reduce issuance of domestic debt if the country's borrowing costs rise.

Western sanctions imposed on Russia over its annexation of Ukraine's Crimea region could make borrowing more expensive and push up bond yields, he said.

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