Core Insights - Russia is issuing RMB-denominated sovereign bonds to alleviate wartime fiscal pressure, utilizing the large amount of RMB accumulated from trade with China, where over 90% of transactions are settled in local currencies [1][4] - Brazil is also planning to issue similar bonds, aiming to stimulate its economy by leveraging its own RMB reserves, indicating a trend towards the internationalization of the RMB [1] Group 1 - The bond issuance by Russia amounts to 400 billion rubles, approximately 35 billion RMB, with maturities of three and seven years [4] - The bonds will be offered to domestic banks, asset management companies, and individuals, with interest payments made every 182 days [4] - The initiative aims to activate Sino-Russian trade, with projected bilateral trade reaching 245 billion USD in 2024, 90% of which will be settled in local currencies [4]
俄罗斯发行350亿人民币主权债券！
Sou Hu Cai Jing·2025-11-20 23:09