British investors gobble up lion's share of Russian government EurobondsSee also:
Most of the Eurobonds offered by the Russian government on Tuesday were bought by UK investors, according to Andrey Solovyev, global head of debt and capital market at state-run bank VTB Capital that ran the placement.
"Despite high volatility of the market and challenging political environment, the placement has elicited a huge response among the Europeans," the economist said, adding that investors from Europe purchased around 18 percent of the issue.
"Meanwhile, British investors bought up the major part of the issue - 55 percent," Solovyev said, adding that another three percent of the Russia-issued Eurobonds were acquired by US investors. The remaining 24 percent were reportedly bought by Russians.
On Tuesday, Russia raised a billion euros ($1.13 billion) with a yield of 3.0 percent from the sale of its first euro-denominated Eurobond in five years, according to the country's finance ministry.
Even though the market has been posing great risks amid potential anti-Russian sanctions and escalating tensions with Ukraine, foreign investors still own a large portion of Russian bonds. As of October 1, the share of Eurobonds held by foreigners totaled 46.3 percent.
The placement of sovereign Eurobonds in euros was not related to the country's de-dollarization plans, but will only encourage it, according to the Deputy Finance Minister Vladimir Kolychev as quoted by Sputnik.
US President Donald Trump has cancelled a scheduled meeting with Russian President Vladimir Putin which was due to take place at the G20 Summit in Buenos Aires on Saturday.
Leaving the White House for Argentina on Thursday, Trump told reporters he "probably" would meet with Putin at the summit, but said he would make a decision after receiving a briefing on the plane.
Shortly after, Trump tweeted that "it would be best for all parties concerned" to cancel the meeting with Putin "based on the fact that the ships and sailors have not been returned to Ukraine."
Trump said he looked forward to a "meaningful summit" when the "situation is resolved."
Responding to Trump's decision, the Kremlin said it had received no confirmation of the cancellation through official channels. A Kremlin spokesperson said if the meeting is off, however, Putin will have a few free hours for other important meetings.
It's not the first time uncertainty has surrounded whether a meeting between the two leaders would take place. In fact, it seems to happen frequently.
"If they go down the presidential harassment track, if they want go and harass the president and the administration, I think that would be the best thing that would happen to me," Trump told the New York Post. "I'm a counterpuncher and I will hit them so hard they'd never been hit like that."As a means of getting back at his opponents, Trump said he could declassify documents from Robert Mueller's probe, the public release of which was shelved on Presidential orders in September.
Comment: British troll.