Russia may increase its foreign borrowing next year to $7 billion, but the decision will have to be taken carefully to avoid inflationary risks, Finance Minister Anton Siluanov said on Sept. 23.
Siluanov’s remarks follow the ministry’s successful placement of a $1.25 billion Eurobond top-up on Sept. 22 at a yield of 3.99 percent, lower than it was in 2013, before sanctions on Russia over its actions in Ukraine limited its access to foreign markets.
