In accordance with the terms of issuing eurobonds, on the Russian Finance Ministry’s instructions State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ transferred funds in the total amount of 190 million 651 thousand 890.00 US dollars to Citibank N.A., London Office.
These funds were transferred to pay interest on eurobonds issued in 1998 for an amount of 3 billion 466 million 398 thousand billion US dollars for a period of 20 years with a coupon rate of 11.75% per annum.
The payment was made in a single currency.
Press Office of Vnesheconombank
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru
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