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Deputy Prime Minister Borisov announced the possible issue of perpetual bonds for defense enterprises

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Image source: © РИА Новости / Евгений Биятов

Petropavlovsk-Kamchatsky. June 19. INTERFAX-AVN - Enterprises of the military-industrial complex can use a tool that is gaining popularity among state - owned companies to attract financing in the market-perpetual bonds, joining borrowers such as Gazprom and Russian Railways.

"We are thinking about issuing perpetual bonds for the defense industry enterprises - I will issue a secret - precisely to attract extra - budgetary funds," Deputy Prime Minister Yuri Borisov said in an interview with the Vesti on Saturday program with Sergey Brilev on the Rossiya 1 TV channel (VGTRK).

"Perpetual bonds are something like Russian Railways today issued promissory notes to the investment program in order to attract extra-budgetary funds from the market. This is the cheapest, most" easy "(in terms of the debt burden on the company, - "IF") money. All over the world, the defense industry enterprises from 10 to 15, and somewhere more than a percent of raising funds through this mechanism is carried out. We are still only probing this issue, " Borisov said.

According to him, work has been done to reduce the debt burden of defense enterprises.

"I mean the" clearing " of the credit history of the defense industry enterprises, which took place on behalf of the president. And the work of the Russian Industry Fund, which has shown its effectiveness, brings cheap money, " Borisov said.

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