Russia fulfils Eurobonds obligations using new mechanism that allows it to pay in Roubles

Russia's finance ministry on Thursday, June 23 said that it had fulfilled all its obligations on two dollar-denominated Eurobonds in full by making the payments well in time. Moscow announced that it has made the interest payments in its own currency Roubles to its National Settlement Depository. Russia’s President Vladimir Putin signed a decree to make new rules that were aimed at fulfilling Russia's foreign debt obligations so the nation does not default on the debt.
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1 weeks ago