The Soviet Union plans to sell bonds...
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The Soviet Union plans to sell bonds in West Germany soon to help finance perestroika, Mikhail S. Gorbachev’s economic restructuring program, bankers said. It would be only the second time the Soviet Union sold bonds in the West. In January, its $70-million sale of bonds in Switzerland whetted the appetites of investors and bankers. Bankers say $294 million of bonds would be sold. They would be due for repayment in 10 years and would probably pay a 6.25% interest rate.
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