11.12.2008 - Fall in Russia bond yield sparks state buyback talk
From Guardian: Intense demand for a Russian bond has sent its debt yield crashing down close to zero in the past few days, sparking speculation -- officially denied -- of a Kremlin-directed debt buyback. Investors began scrambling to cover short positions on Russia's sovereign bond maturing 2010 late last week as its liquidity dried up amid reports of large purchases by Russian institutions. With only about $940 million outstanding, the issue is vulnerable to large fluctuations..... Full Article: Source