Russia’s state companies set for crackdown on borrowing

Putin: concerned
about inflation
RUSSIA’S SOVEREIGN presence on international debt markets is getting smaller and smaller but Russian corporate debt is a rapidly growing sector. CSFB’s debt capital markets team recently undertook an analysis of the market, finding that Russia’s corporate Eurobond debt is now worth as much as $30 billion, accounting for 57% of the total Russian debt market. That makes it bigger in absolute terms than the corporate Eurobond volumes of most other emerging markets.