Russia Will Spend Another $1.23 Billion On Buying Out Western Planes

Ministry of Finance of the Russian Federation (Министерство финансов Российской Федерации, MinFin) announced its newest funds placement round on behalf of the Russian National Wealth Fund (Фонд национального благосостояния России, ФНБ, FNB). Two aviation firms, NLK-Finance and Avia Capital Services, received money in the form of the FNB placing the cash in the companies’ bonds.