Russian MinFin makes payments on 2022, 2024 Eurobonds in dollars
MOSCOW. April 29 (Interfax) - The Russian Finance Ministry has carried out payments on Russia-2022 and Russia-2024 Eurobonds in the currency of their issuance, in other words dollars, the ministry said.
"The Finance Ministry informs that payment of the coupon income on bonds of external RF loan bonds Russia-2022 in the amount of $564.8 million taking into account the Finance Ministry's earlier buyback of these bonds; and payment of the coupon income on bonds of external RF loan bonds Russia-2024 in the amount of $84.4 million were sent to the paying agent for Eurobonds (Citibank, N.A., London Branch)," it said
"The payments were made in the currency of the respective Eurobonds issue - in US dollars. Thus, obligations to service sovereign Eurobonds are being fulfilled in keeping with the conditions established by the issuance documentation," it said.