Russia's foreign state debt grows 0.7% in Dec, down 2.6% in 2014 - MinFin
MOSCOW. March 5 (Interfax) - Russia's foreign state debt decreased by $1.439 billion, or 2.6%, in 2014 to $54.355 billion, the Finance Ministry said in its materials on the structure of the debt.
Foreign debt in euro increased by 4.137 billion euro in 2014 to 44.744 billion euro.
Russia's debt grew 0.7%, or by $383 million, in December 2014, while debt in euro increased 1.397 billion euro.
External loan bonds accounted for the bulk of foreign state debt - $39.275 billion as of January 1. These bonds fell $1.393 billion in 2014 as a whole.
In second place were Russia's state guarantees in foreign currency, which grew by $684 million in 2014 to $12.083 billion.
Russia's debt to official multiparty lenders fell by $393 million for the year to $1.172 billion.
In 2013, Russia cut debt not subject to restructuring and owed to official creditors who are members of the Paris Club by $111 million to $46 million. Debt owned to non-Paris Club lenders was down $140 million at $887 million, while debt due to official lenders that are previous members of the Council for Mutual Economic Assistance fell $85 million to $867 million.
The former USSR's commercial debt was $22 million at the beginning of 2014, but fell to $20 million at the beginning of 2015 and has been included in the "other debt" category.
Sovereign bonds remained at $5.5 million.