December 6, 2017 / 12:12 PM / a year ago

Special bond for wealthy Russians not ruled out: senior Russian official

LONDON, Dec 6 (Reuters) - Russian Deputy Prime Minister Arkady Dvorkovich said on Wednesday that the finance ministry could issue a special treasury bond to facilitate favourable terms for the repatriation of cash stashed abroad by wealthy Russians.

“I cannot exclude it,” Dvorkovich said on a visit to London, when asked about a Reuters story published on Tuesday.

Wealthy Russians facing the prospect of targeted U.S. sanctions next year have floated the idea of a special treasury bond to facilitate favourable terms for bringing their cash home, three sources familiar with the scheme told Reuters.

Reporting by Dasha Afanasieva and Clara Denina; Writing by Dmitry Solovyov; Editing by Gabrielle Tétrault-Farber

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