MOSCOW, September 18The Russian Ministry of Finance has fully fulfilled its obligations in rubles to pay the coupon and repay the issue of sovereign Eurobonds due in 2023, as well as to pay the coupon on Eurobonds due in 2043, the ministry said in a statement.
The paying agent for Eurobonds, the National Settlement Depository (NSD), received “funds to pay the coupon income and repay the par value of the Russian Federation external bond loans maturing in 2023 in the amount of 297 billion rubles (equivalent to $3.073 billion), as well as to pay the coupon income on bonds of external bond loans of the Russian Federation with a maturity date of 2043 in the amount of 4.3 billion rubles (equivalent to 44.1 million dollars),” the ministry reported.
“Thus, the Ministry of Finance of Russia has fulfilled its obligations to service and repay the government debt of the Russian Federation in terms of the above government securities of the Russian Federation,” the ministry notes.
The Russian Ministry of Finance has switched to a revised procedure for payments on Eurobonds of the Russian Federation in accordance with the updated procedure, which was approved by decree of the President of the Russian Federation of September 9. The Ministry of Finance, as before, will transfer funds to the National Settlement Depository in Russian rubles in an amount equivalent to the payment amount in the corresponding foreign currency.
< br />