Economics
Sanctions No Downer for BlackRock as Russia Plans Eurobond
- Some investors avoided 2016’s debt sale over U.S. warnings
- Amer Bisat sees ‘fixed-income friendly environment’ in Russia
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Some of the world’s biggest asset managers watched Russia’s return to Eurobond markets from the sidelines last year after U.S. officials warned the deal could violate international sanctions.
As the Finance Ministry prepares a fresh offering, BlackRock Inc.’s Amer Bisat says he’s ready to buy.