On Payments on Government Foreign Currency-Denominated Bonds
OREANDA-NEWS. December 25, 2012. 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)’ transferred funds in the total amount of 159million 365thousand 437.50 US dollars to Citibank N.A., London Office.
The funds were transferred to repay government debt of the Russian Federation through paying interest on Eurobonds issued in 1998 for the amount of 2.5 billion US dollars for a period of 30 years.
The payment was made in single currency.
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