VEB Reports on Payments on Russian Government Foreign Bonds
OREANDA-NEWS. October 30, 2012. In accordance with the terms of issuing eurobonds, on the Russian Finance Ministry’s instructions State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ transferred funds in the total amount of 123 million 750 thousand US dollars to Citibank N.A., London Office to make payments on Eurobonds to repay government foreign debt of the Russian Federation including:
in the amount of 36 million 250 thousand US dollars to repay principal and pay coupons on eurobonds issued for an amount of 2 billion US dollars with a final maturity date in 2015;
in the amount of 87 million 500 thousand US dollars to pay coupons on eurobonds issued for an amount of 3.5 billion US dollars with a final maturity date in 2020.
The payments were made in a single currency.
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