In 1994–1996, Kasyanov was occupied with the restructuring of Soviet externals debts (about $150 bn). In 1996 Kasyanov reached an agreement with the Paris Club and the London Club of creditors for a comprehensive restructuring of Soviet debts for a period of 25 years with a 7-year grace period. Thanks to this agreement Russia was able to gain access to international capital markets. In 1996 Kasyanov gave the road show of Russia's economy development prospects at various International finance centers. As a result, Russia, for the first time since 1913 issued securities, eurobonds on the capital markets of Europe and the United States, and Russian banks and companies were able to take cheap foreign capital for investments into the economy of the country.