You are here

Russian tycoons, fearing new sanctions, float idea of new treasury bond: sources

It would be forex-denominated and holders may be anonymous; but no indication that the Russian government is seriously considering such a move


WEALTHY Russians facing the prospect of targeted US sanctions next year have floated the idea of a special treasury bond to facilitate favourable terms for bringing their cash home, three sources familiar with the scheme said.

The bond,...

Market voices on: