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Sberbank issues five-year Eurobonds worth $500 mln

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MOSCOW, June 20 (RIA Novosti) - Sberbank has issued five-year Eurobonds worth $500 million, a source close to Russia's largest state-owned bank said on Friday.

The placement was organized by Britain's Barclays and the U.S.'s JP Morgan bank.

Sberbank CEO German Gref said on Thursday that his bank would borrow up to $5 billion later this year, adding that Sberbank had no problems with liquidity.

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