The country been the subject of financial sanctions since forces crossed the Ukrainian border and annexed the Crimean peninsula in 2014.
Russia raised $7 billion (£4.9 billion) In 2013, and has since shunned the bond market.
But falling oil prices and a government funding gap has left the country in need of some quick cash — the FT reports that Russia is seeking to raise up to €3 billion (£2.4 billion)
The bond market is just one place to look for cash — Russia has also drawn up a list of seven state-owned companies for partial privatization in a bid to raise funds.
The list reportedly includes Russia’s largest state-owned oil company, Rosneft, and its state-owned pipeline monopoly, Transneft, along with diamond miner Alrosa, airline Aeroflot, Rostelecom, shipping line Sovcomflot, and Russian Railways. Two banks — VTB and Sberbank — are believed to have been taken off the list already.
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