Ministry of Finance paid 13.4 billion rubles for Eurobond issuances due in 2028

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The Russian Ministry of Finance paid 13.4 billion rubles for issuance of Eurobonds due in 2028. area sections.

The Ministry of Finance said that Russia’s obligations to service government bonds have been fully met.

Previously, the Ministry of Finance of the Russian Federation fully carried out Obligation to pay coupon income of RUB 19.6 billion to Eurobonds maturing in 2027 and 2047.

Prior to that, Putin signed a decree that Russian legal entities with obligations under Eurobonds must issue substitute bonds before the end of this year.

It is stated that Eurobond holders, whose rights are taken into account by the depositors of the Russian Federation, are “obligated to “provide” the execution of the bonds “by placing bonds before January 1, 2024, which will be paid after their replacement”. For Eurobond purchases, it is made as “eurobond or in cash for the purpose of using the withdrawn funds”.

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