Putin approves provisional arrangement for servicing sovereign Eurobonds, govt to select banks for payments
MOSCOW. June 22 (Interfax) - Russian President Vladimir Putin has approved a temporary procedure for honoring commitments on sovereign Eurobonds to residents and foreign creditors.
Putin signed the relevant executive order on June 22. This has been published on the official internet portal for legal information.
The order gives the government 10 days to compile a list of banks authorized to carry out payments to holders of Russian bonds. Finance Minister Anton Siluanov said earlier that banks still able to work with foreign currency would be involved.