dChan
Anonymous ID: be550b May 20, 2020, 6:24 a.m. No.9250240   🗄️.is 🔗kun   >>0458 >>0627 >>0800

JBA departures

VENUS32 USAF Clipper nw

SAM733 USAF Clipper ne

PAT009 C-560 ws

VM767 C-560 se and a holding pattern just east of NAS Pax River

 

LOBO474 C-560 from Cherry Pt ne

Anonymous ID: be550b May 20, 2020, 6:30 a.m. No.9250274   🗄️.is 🔗kun   >>0458 >>0627 >>0800

Russia Joins Global Borrowing Boom With Record Bond Sale

 

Russia made the most of historically low borrowing costs to fund its stimulus plans, selling the most debt at a single auction on record.

 

The Finance Ministry sold 112 billion rubles of bonds due in October 2027 ($1.6 billion) at its first auction on Wednesday. Bids reached 149 billion rubles as the prospect of deeper interest-rate cuts bolstered demand, while local banks may have bought the debt to use as collateral in long-term repo auctions with the central bank. Russia is joining governments around the world in ramping up debt sales to fund coronavirus stimulus plans. With one of the lowest debt loads globally, the country has plenty of room to increase borrowing, while a recovery in crude prices has helped boost demand.

 

Yields on 10-year Russian government bonds traded near 5.45% on Wednesday, the lowest since records began in 2007. The ruble is at the highest level versus the dollar in two months, supported in part by inflows to the bond market.

 

The central bank cut interest rates by 50 basis points to 5.5% last month and has hinted at a possible percentage point of easing in June. Economists at Citibank in Moscow said last week that Russia could cut interest rates to as low as 3%.

https://www.msn.com/en-us/finance/markets/russia-joins-global-borrowing-boom-with-record-bond-sale/ar-BB14mKH5

 

pretty good return from Vlad. Wouldn't hesitate to park money at that rate-considering the rest of the world. Now they can take advantage of the WW flow that will seek these better returns.

H/T VP