MinFin transfers 10.9 bln rubles to NSD to pay coupon on Russia 2028 Eurobond

MOSCOW. Dec 26 (Interfax) - The Russian Finance Ministry, in line with a June 22 presidential decree, has transferred 10.9 billion rubles, the equivalent of $159.4 million, to the National Settlement Depository (NSD) to make coupon payments on Russian sovereign Eurobonds maturing in 2028, the Finance Ministry said.

The NSD has received the funds, and thus, obligations to service Russia's government securities are fulfilled in full, the ministry said.

The June 22 presidential decree approved a new procedure for servicing foreign sovereign debt. According to the new arrangement, all payments on Russian Eurobonds will be made in rubles.