Russian finance minister Aleksandr Livshits is expected in Bonn tomorrow to discuss the restructuring of Russia’s debt to Germany and the issue of the second tranche of Russian eurobonds. Russia plans to follow last November’s highly successful $1 billion debut issue with two or three more eurobond issues this year. Livshits says Russia will launch a D-Mark denominated bond by the end of March. This is expected to pave the way for corporate and municipal bond issues later in the year. (Itar-Tass, Interfax, February 3; Financial Times, February 4)
Beijing Rejects Criticism of Russian-Chinese Border Agreement.