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.
