BRICS New Development Bank Contemplates Ruble Bonds

The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is looking at its next round of projects for 2017. Headquartered in Shanghai, the bank is another multilateral finance and investment institution that touts members such as Brazil, Russia, India, China and South Africa (dubbed BRICS). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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