State Internal Borrowings of a Subject of the Russian Federation
State internal borrowings of a subject of the Russian Federation — attracting loan funds into the budget of a subject of the Russian Federation on behalf of the subject of the Russian Federation by issuing state securities of the subject of the Russian Federation and in the form of loans from other budgets of the Russian Federation budget system, credit institutions, international financial organizations, and foreign banks, which result in debt obligations of the subject of the Russian Federation as a borrower, expressed in the currency of the Russian Federation1.
Budget Code of the Russian Federation dated 31.07.1998, as amended on 2019-08-02, Article 103, paragraph 9 // RSZ RF. 1998. No. 31. Art. 3823. ↩