Russian companies have raised a record $7.2 billion via an issue of Eurobonds in February 2013.

      According to Kommersant daily, it is an eightfold increase against the past February’s figures, marking a new high.

      Among the 12 Russian companies that issued Eurobonds in February are state-controlled Vnesheconombank, or VEB, Novatek, and Gazprombank.

      Low yields and positive sentiment towards emerging economies may be among the primary reasons for choosing the debt capital market, says RBC daily.

      Earlier, the Russian private companies have been criticized for taking the bond option over public offering, which could endanger their financial stability in the long-run.

      According to Reuters, Russian corporate lending on foreign markets totaled some $46 billion in 2012.