Page 95 - RusRPTDec20

RUB430bn was issued, and in the following week, a 10-year floating-rate bond of almost the same size was issued.
The issuance of fixed-rate long-term bonds has been relatively small, with interest rates rising by more than 6%. Bond issuance is expected to be modest towards the end of the year, as the fourth quarter target of RUB2,000bn in borrowing has already been almost reached.
At the end of September, public sector domestic debt was about RUB12,000bn, which is about a quarter more than a year earlier. At the end of September, the government's external debt was about $60bn (about RUB4,800bn). Overall, the debt burden of the Russian government is small compared to the size of the economy,
95 ​RUSSIA Country Report​ December 2020 www.intellinews.com