MOSCOW, September 30 – Novosti. The Ministry of Finance of the Russian Federation has fully fulfilled its obligations in rubles for payments on the issue of sovereign Eurobonds with maturity in 2030, the ministry said in a statement .
The paying agent for Eurobonds National Settlement Depository (NSD) received funds to pay coupon income and part of the nominal value of the issue in the amount of 18.3 billion rubles (the equivalent of 319.3 million dollars).
“Thus, the obligations to repay part of the principal debt on state securities of the Russian Federation and to service them have been fulfilled by the Russian Ministry of Finance in full,” the ministry notes.
The Ministry of Finance of the Russian Federation, in accordance with the presidential decree of June 22, switched to a new procedure for fulfilling obligations on sovereign Eurobonds, which provides for payments in rubles.
The issue of Russia-30 worth $21.2 billion was placed by the Ministry of Finance in 2000 as part of the restructuring of Vnesheconombank’s obligations under Soviet debt. The terms of the issue provide for the redemption of the face value by depreciation parts, and papers worth $1.15 billion remain in circulation.
