Citibank stops being agent for four Russian Eurobonds, NSD to take over

MOSCOW. June 2 (Interfax) - Citibank is no longer the agent for four issues of Russian sovereign Eurobonds.

"As of May 24, Citibank, N.A., London Branch, having exercised its right under contracts for provision of fiscal agent services, ceased to perform the duties of fiscal agent, registrar, transfer agent and payment agent for foreign bond issues Nos. 12840068V Russia-2023 (ISIN XS0971721450, US78307ADG58), MK-0-CM-119 Russia-2028 (ISIN XS0088543193, US78307AAE38), 12840061V Russia-2042 (ISIN XS0767473852, US78307ADE01), and 12840069V Russia-2043 (ISIN XS0971721963, US78307ADH32)," Russia's Finance Ministry reported on Thursday.

The role of agent has been given to the National Settlement Depository (NSD) in accordance with Russia's right, the ministry said.