1 Apr 2024 14:31

Finance Ministry transfers 19.2 bln rubles to NSD to pay coupon, part of par value on Russia-2030 Eurobonds

MOSCOW. April 1 (Interfax) - Russia's Finance Ministry, in accordance with the presidential decree dated September 9, 2023, has transferred 19.2 billion rubles, equivalent to $207.9 million, to the National Settlement Depository (NSD) to pay coupon income and part of the par value on sovereign Eurobonds of the Russian Federation with final maturity in 2030, the ministry said.

The NSD, acting as the paying agent, has received the funds, according to the statement.

The Russia 2030 issue has an amortization structure. These Eurobonds appeared on the market in 2000 owing to restructuring the debts of the former USSR owed to the member countries of the London Club.