MOSCOW: Russian binds advanced, eliminating declines as the US Fed decision to delay a rate increase spurred appetite for riskier assets as Russian investors were cut off and foreigners were given a priority in Russia’s sovereign Eurobond top-up of $1.25 billion, says VTB Capital’s Andrei Solovyov – @AceFinanceNews

#AceFinanceNews – Sept.24: Demand for Russia’s Eurobond seen at more than $3 billion, sources in the financial sector say Russia’s economy minister says Eurobond topping up is not linked to the government’s privatisation programme, though Russian investors were cut off and foreigners were given a priority in Russia’s sovereign Eurobond top-up of $1.25 billion, says VTB Capital’s Andrei Solovyov

On Friday the Russian Central Bank Governor Elvira Nabiullina says she hopes the process of U.S. Federal Reserve’s policy tightening will take place ‘in a predictable way’
http://cnb.cx/2d953OB after Russian Bonds Rise as Fed Relief Outweighs Hawkish Central Bank
Russian bonds advanced, eliminating declines driven by hawkish comments from the countrys central bank last week, as the Federal Reserves decision to delay a rate increase spurred appetite for riskier assets.

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