The Ministry of Finance transferred 7 billion rubles to NSD for payments on Eurobonds

The Ministry of Finance transferred 7 billion rubles to NSD for payments on Eurobonds

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The Ministry of Finance reported on the full fulfillment of obligations to pay coupon income on Eurobonds. The agency transferred 7 billion rubles to the National Settlement Depository (NSD), which acts as a paying agent for Eurobonds.

“Funds for the payment of coupon income on bonds of external bond loans of the Russian Federation maturing in 2023 … and in 2043 … were received by the paying agent for Eurobonds … obligations to service government securities of the Russian Federation were fulfilled by the Russian Ministry of Finance in full,” the statement says. press release on site ministries.

Since April, the Ministry of Finance holds payments on Eurobonds in rubles due to the refusal of a foreign counterparty bank to execute instructions in foreign currency. The US Treasury also no longer issues permission to Russia to make dollar payments on government debt.

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

Andrey Sapozhnikov

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