Russia VEB launches $1 bln Eurobond-source

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MOSCOW, July 1 | Thu Jul 1, 2010 10:32am EDT

MOSCOW, July 1 (Reuters) - Russian state development bank VEB has launched a $1 billion, 10-year Eurobond at 400 basis points over U.S. Treasuries, in line with earlier price guidance, a trading source told Reuters on Thursday.

The bank picked Barclays Capital, Citi, HSBC, Societe Generale, ING Bank, VTB Capital and Troika Dialog to arrange the deal.

(Reporting by Dmitry Sergeyev, Editing by Alfred Kueppers)

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