The Ministry of Finance fulfilled in rubles obligations on Eurobonds for $319.3 million

The Ministry of Finance of the Russian Federation repaid part of the principal debt on Russian government securities. According to a presidential decree dated June 22, the funds were paid in rubles in the amount of $319.3 million. The final maturity is 2030.

“Funds for the payment of coupon income and a part of the nominal value on bonds of the external bonded loan of the Russian Federation with a final maturity in 2030 in the amount of 18.3 billion rubles (the equivalent of $ 319.3 million) were received by the paying agent for Eurobonds,” the statement said. statement.

On September 16, the ministry reported on the payment of coupon income on Eurobonds in the amount of 7 billion rubles.

According to the Decree of the President of Russia “On the Temporary Procedure for the Execution of State Debt Obligations of the Russian Federation to Residents and Foreign Creditors”, Russia will make payments on Eurobonds in the ruble equivalent of the payment amount through the National Settlement Depository. According to the Ministry of Finance scheme, holders of Russian Eurobonds can convert payments in rubles into other currencies, as well as transfer them abroad.

Read more about the new format of payments on Eurobonds in the material “Kommersant” “The Ministry of Finance took over the debt”.

Polina Sobakina