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Evening Standard

World

Sami Quadri

Russia ‘borrows $13.6bn in largest ever debt issuance in a single day’ to continue faltering war

Russia Ministry of Defence Missile

Russia has borrowed its largest amount of cash ever in a single day to raise funds for the Ukraine war, British defence chiefs have said.

On Wednesday, Russia’s finance ministry borrowed $13.6billion (£11.4billion) as it conducted its biggest ever debt issuance in a single day in order to continue Vladimir Putin’s faltering invasion.

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One subscription that gives you access to news from hundreds of sites

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