OREANDA-NEWS. December 24, 2010. In accordance with the terms of issuing Eurobonds and on the Russian Finance Ministry’s instructions State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ made a payment for a total amount of 159 million 365 thousand 437.50 US dollars to pay interest on the 1998 Eurobonds.

The payment was made in a single currency. The funds were transferred to Citibank N.A., London Office.

The 1998 Eurobonds were issued for an amount of 2.5 billion US dollars for a period of 30 years with coupons to be paid twice a year.