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Russia's VEB plans one-year dollar bonds via Renaissance, Raiffeisen
By Christine Van Dusen
Atlanta, April 6 - Russia's Vnesheconombank (VEB) plans to issue one-year dollar bonds, according to a market source.
Renaissance Capital and Raiffeisenbank are the bookrunners for the issue, which could total about $2 billion.
The deal is being talked at six-month Libor plus 100 basis points, the source said.
VEB is the Moscow-based Bank for Development and Foreign Affairs.
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