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Published on 8/14/2012 in the Prospect News Emerging Markets Daily.

Fitch rates Khakassia bonds BB-

Fitch Ratings said it assigned the Russian Republic of Khakassia's RUB 976.5 million 9.2% domestic bond issue due Aug. 9, 2015 a long-term local-currency rating of BB-.

The region has long-term local- and foreign-currency ratings of BB- and a short-term foreign-currency rating of B.

The outlook on the long-term ratings is stable.


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