$8.35bn in bonds in 2005

The Russia Finance Ministry plans to issue securities worth RUR234bn (about USD8.35bn) in 2005, a source close to the Russian government told RBC. The ministry plans to issue RUR6bn (about USD214m against RUR4bn - about USD143m in 2004) in short-term bonds. The Finance Ministry wants to cut the overall amount short-term bonds with the maturity less than 1 year.