Some Russian companies are issuing bonds denominated in the Chinese yuan amid sanctions over the war in Ukraine. State-owned oil giant Rosneft was the latest to offer 15 billion yuan, or $2.1 billion, in a bond offering, Interfax reported on Tuesday. This followed a 4.6 billion yuan issuance from Polyus, Russia's largest gold producer, in August. Just weeks earlier in July, Russian aluminum giant Rusal issued 2 billion yuan of bonds. Demand for the bonds was more than double what was offered, the company said on July 29. "It seems natural to us to choose yuan-denominated bond placement, given the current ... (full story)