The Central Bank of Russia announced that Russian investors will be able to receive payments for Belarusian Eurobonds through the National Settlement Depository (NSD). This is stated in the message on the website. TSB RF.
“The Central Bank of Russia has developed a mechanism that will allow Russian investors to receive income from Eurobonds of the Republic of Belarus… Payments will be made in Belarusian rubles, bypassing foreign institutions,” the message said.
To receive payments, the National Settlement Institution will prepare a list of redeemable Eurobond holders and send it to the central depository of Belarus.
The investor will need to verify friendly status, ownership of the security on September 6, 2022 and the redemption date, as well as submit an application waiving claims against the issuer.
20 November recognizedIt was stated that the Ministry of Finance of the Russian Federation paid the coupon for government bond issues maturing in 2027 and 2032 in rubles. Previously Russian President Vladimir Putin approved Temporary procedure for the fulfillment of debt obligations of the Russian Federation under Eurobonds. The document addresses obligations to both residents and foreign creditors. This refers to securities accounted for by foreign depositories – organizations that deal with the storage of securities and the registration of rights to them.
Earlier economists guess Weakening of the dollar towards the end of the year.
Source: Gazeta
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