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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Russia to sell $20 bln of Eurobonds

Posted on 28 July 2009

From Themoscowtimes.com: The Reserve Fund, one of the two sovereign wealth funds, will be exhausted in 2010, the Finance Ministry of Russia said.
The National Welfare Fund, which contained 2.8 trillion rubles as of July 1, will total 2.3 trillion rubles at the end of next year, 1.6 trillion rubles in 2011 and 940 billion rubles in 2012, the ministry said………..Full Article: Source


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