Russia's Eurobond Road Show in April

Russia will hold a road show of the first in the last 12 years Eurobond issue on 21-22 April 2010 in New York, said Finance Minister Alexei Kudrin.

"In 2010, net borrowing could reach 1.5 trillion rubles, excluding repayment on domestic and foreign markets. This is a large volume", - Kudrin commemted the Government's plans. 

By early April the Ministry of Finance planned to finalize the placement by rule 144A, that means among American and European investors. 

Deputy Finance Minister Dmitry Pankin said that Russia can produce the 30-year  and 10-year Eurobonds, because the market is in demand for long-term instruments. Lead Managers are: Barclays Capital, Citibank, Credit Suisse and Russia's VTB Capital.

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