Dimsam-razmeshcheniye: why Public joint-stock company "Federalnaya Gidrogeneriruyushchaya Kompaniya-Rusgidro" borrows in offshore yuans

Public joint-stock company "Federalnaya Gidrogeneriruyushchaya Kompaniya-Rusgidro" became the Russian issuer first since 2014, placed bonds in offshore yuans. Company occupied 1,5 billion yuans under 6,125%. To Russian Federation it was possible to borrow cheaper, but Public joint-stock company "Federalnaya Gidrogeneriruyushchaya Kompaniya-Rusgidro" overpays for an entry into the Asian market...