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View Full Version : Russia May Swap Bonds for Bank Stock in Non-Cash Capital Boost - Bloomberg



NewsWhore
03-26-2009, 10:50 AM
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Russia May Swap Bonds for Bank Stock in Non-Cash Capital Boost (http://news.google.com/news/url?sa=T&ct=us/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaOcXIU23QYnM%26refer%3Deurope&cid=1320916289&ei=RZfLScamB47aQMDM-aMB&usg=AFQjCNEVqA_mej_n4PzAfetadNBxHx7imA)
Bloomberg
By Torrey Clark and Denis Maternovsky March 26 (Bloomberg) -- Russia plans to swap sovereign ruble bonds for shares in banks to boost their capital without spending budget money, Finance Minister Alexei Kudrin said. The initiative could start within ...


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