Russia is opening a renminbi clearing ##house at the end of March thereby bringing it closer to issuing renminbi - denominated bonds after a series of delays . Russia ’s finance ministry is to issue $ 1bn - worth of renminbi denominated bonds , says Financial Times ' Emily Feng .
Russia is opening a renminbi clearing house at the end of March thereby bringing it closer to issuing renminbi-denominated bonds following a series of delays. Russia’s finance ministry is to issue $1bn-worth of renminbi denominated bonds, says Financial Times' Emily Feng.