Russian Finance Ministry paid coupons for $102 million on Eurobonds
The Ministry of Finance of Russia announced the transfer of $102 million to the National Settlement Depository for the payment of coupons (income) on Eurobonds maturing in 2035.
This means that Russia is avoiding default, despite warnings from rating agencies.
The next large payment on the foreign debt is scheduled for April 4, when $2 billion worth of Eurobonds are redeemed. The day before, the RF Ministry of Finance sent notices of the repayment of the debt and interest.
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