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Russian finance ministry says it has met coupon payment obligations in full

By:
Reuters
Published: Mar 18, 2022, 10:35 GMT+00:00

(Reuters) - 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.

A view shows Russia's Finance Ministry building in Moscow

(Reuters) – 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 $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.

(Reporting by Reuters; editing by Jason Neely)

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