Vnesheconombank Made Payment on 1998 Eurobonds
OREANDA-NEWS. July 25, 2011. 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 190 651 890.00 US dollars to pay interest on the 1998 Eurobonds.
The funds were transferred to Citibank N.A., London Office.
The 1998 Eurobonds were issued for an amount of 3 466 398 000.00 US dollars for a period of 20 years with coupons to be paid twice a year.
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