Rosneft, Russia's state-owned oil company, is set to place 400 billion rubles ($6.1 billion) worth of bonds to finance "the company's projects and production plan", according to the firm. But there are fears that the deal could set off another ruble rout. In setting up the deal the company felt compelled to clarify that it would not use the money it raises in the bond sale for the "purchase of foreign currencies".

Topics:  alexei kudrin pointed   twitter after   pushing russia   as alexey bulgakov   sberbank cib   bloomberg rosneft   rosneft   russia   december   russian   oil   issue   billion   bonds   fears   ruble rout   company   debt   foreign   rubles   central   time   currency   finance   dollar   year   deal   set   firm   financing   markets   expensive   
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