51. Nervous investors have already been disposing of Russian treasury bills. 52. On Monday, Unibank sealed its position in Sweden when it was awarded a position as an authorized dealer in Swedish treasury bills as well. 53. One strategy he is considering is buying more local currency denominated debt, such as Mexican treasury bills, Colombia debt and Russian and Ukrainian treasury bills. 54. Oneksim Bank spokesmen say they disqualified Rossiisky Credit because it filed its applications late and wanted to guarantee its bid with treasury bills as well as cash. 55. Other consequences will be faster inflation and higher yields on treasury bills, analysts said. 56. Putting money into government treasury bills is a nightmare for foreigners. 57. Russia has been forced to offer treasury bills at enormous interest rates to try to attract buyers, and even then many investors have stayed away. 58. Russian treasury bills, known as GKOs, are poised to rise and their yields to fall as well. 59. Russian treasury bills, German bonds and U.K. shares are also priorities. 60. Russia had been making progress pushing down the interest rates of the treasury bills when the currency crisis in Asia erupted. |