How Russia is going to pay its coupons payments?

According to some reports, Russia’s finance ministry on Friday said it had fully met its obligations on paying coupons on dollar-denominated Eurobonds due in 2023 and 2043, and said payment agent Citibank had received the funds.

 

Russia was due to pay 4 117 million in coupon payments in what was seen as a test of its willingness and ability to repay international debt after being hit with sanctions over events in Ukraine.

 

Currently, Russia has decided to scrap a UN Security Council vote scheduled for Friday citing a lack of support. As shelling of multiple cities in Ukraine continued, President Volodymyr Zelenskyy, in an address to the German parliament warned that Russia was looking to build a wall between freedom and bondage. Meanwhile, French President Emmanuel Macron described the invasion of Ukraine by Russia as an electric shock to NATO.




Readers like you help support The Tech Outlook. When you make a purchase using links on our site, we may earn an affiliate commission. We cannot guarantee the Product information shown is 100% accurate and we advise you to check the product listing on the original manufacturer website. Thetechoutlook is not responsible for price changes carried out by retailers. The discounted price or deal mentioned in this item was available at the time of writing and may be subject to time restrictions and/or limited unit availability. Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates Read More

Advertisement

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More