俄罗斯急抱中国大腿！首次发49亿人民币债

Core Insights - Russia is set to issue domestic bonds denominated in Chinese yuan, marking a significant shift in its financial strategy amid ongoing Western sanctions [1][6] - The bond issuance, with a maximum scale of 400 billion rubles (approximately 4.9 billion USD), is aimed at alleviating financial pressure on the Russian economy [6] Group 1: Bond Issuance Details - The bond issuance will have maturities ranging from 3 to 10 years, with the first trades expected to start in December [6] - The decision to issue yuan-denominated bonds is seen as a response to the economic challenges posed by the prolonged Ukraine conflict and Western sanctions [6] Group 2: Economic Context - Russia's budget deficit is projected to soar to 5.7 trillion rubles (about 630 million USD) by 2025, significantly higher than initial forecasts [6] - The reliance on Chinese financial systems is highlighted as a necessity due to blocked access to dollar and euro channels, indicating a strategic pivot towards China [6] Group 3: Implications for Currency - This move is expected to enhance the international standing of the yuan, creating a mutually beneficial scenario for both Russia and China [6]