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01.12.25 - 09:42
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China′s currency push gains ground as Russia nears issuance of yuan bond (SCMP)
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Russia is inching closer to its first yuan-denominated sovereign bond sale, aiding China's push to raise the global standing of its currency.
Russia's Finance Ministry will start taking orders on December 2 for the two-part, domestically traded notes. The borrower was expected to market the new debt with a targeted coupon of 6.25 to 6.5 per cent for a 3.2-year tranche, the Interfax news agency reported, adding that the coupon for a 7.5-year portion would be capped at 7.5 per cent.
Running a......
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17.10.25 - 17:30
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What a 1734 Silesian Bond Can Tell Us About the Future of Russia′s Frozen Assets (Bloomberg)
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Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting....
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