Russia eyes issuing bonds in currencies of 'friendly countries'

MOSCOW

Russian Prime Minister Mikhail Mishustin said Tuesday that his government is considering the possibility of issuing bonds in currencies of "friendly countries."

He noted at a government meeting on providing financial stability in Moscow that several Russian banks already offer clients loans in yuan.

He said the government is working out conditions to attract foreign finances to Russia.

Mishustin added that Russia managed to "smooth" the effects of the sanctions and now the principal goal is to find additional financial sources, necessary for the development of the economy.