Source Pravda.Ru

Russia may issue $1.25bn in Eurobonds next year

The Russian Finance Ministry has increased a limit on the volume ofEurobond issues in 2003 to $1.25bn, the press service of the Ministry toldRBC. The amount of loans has been defined taking into account risks boundwith structure and level of paying off Russian foreign debts in 2003.Russia is to pay off some $17bn in foreign debts next year.As it was reported earlier, the limit on Eurobond issues was expected to be$1bn..