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Russia may increase the placement of Eurobonds to $ 6 billion on a background of good demand from investors, reports Reuters citing a source in banking circles.
"It is possible that the tranche will be 3 billion dollars (each), such option is being considered. In Europe there is good demand, the same interest is in America," - said the source.
Road-show of Russian Eurobonds started last week and has already passed in Germany, London and Asia and will end today in New York City.
Tomorrow the official price guidance will be declared. Limit of Eurobonds for the current year is set at 17.8 billion dollars. As the lead managers there were selected four banks: Barclays Capital, VTB Capital, Credit Suisse and Citibank.
Nat Lawyer
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