sharon sanders
Editor-in-Chief & President
Russian source
I believe these coupons are required to be paid back in USD. Rubles are not an option under the contract.
(updated: 03/16/2022 14:28)
171573
Siluanov commented on the situation with the fulfillment of obligations on public debt
The head of the Ministry of Finance Siluanov said that the payment of the public debt from Russia no longer depends
Finance Minister of the Russian Federation Anton Siluanov
MOSCOW, March 16 - RIA Novosti/Prime. Russia has the necessary funds to fulfill its obligations under the public debt, but the possibility of paying in foreign currency does not depend on the Russian Federation: the payment was given, now the ball is on the side of the American authorities, said Russian Finance Minister Anton Siluanov.
On March 16, Russia is due to pay coupons on two issues of its sovereign Eurobonds totaling $117.2 million - this will be the first payment on its external debt after freezing part of the reserves. The Ministry of Finance of the Russian Federation on Monday announced that it had sent a payment order to pay the coupon.
"The possibility or impossibility of fulfilling our obligations in foreign currency does not depend on us, we have the money, we paid the payment, now the ball is on the side, first of all, of the American authorities," Siluanov said in an interview with RT Arabic. According to him, Washington should clarify whether it is possible to make such payments from Russian foreign currency accounts.
more..
zhttps://ria.ru/20220316/gosdolg-1778433947.html
I believe these coupons are required to be paid back in USD. Rubles are not an option under the contract.
(updated: 03/16/2022 14:28)
171573
Siluanov commented on the situation with the fulfillment of obligations on public debt
The head of the Ministry of Finance Siluanov said that the payment of the public debt from Russia no longer depends
Finance Minister of the Russian Federation Anton Siluanov
MOSCOW, March 16 - RIA Novosti/Prime. Russia has the necessary funds to fulfill its obligations under the public debt, but the possibility of paying in foreign currency does not depend on the Russian Federation: the payment was given, now the ball is on the side of the American authorities, said Russian Finance Minister Anton Siluanov.
On March 16, Russia is due to pay coupons on two issues of its sovereign Eurobonds totaling $117.2 million - this will be the first payment on its external debt after freezing part of the reserves. The Ministry of Finance of the Russian Federation on Monday announced that it had sent a payment order to pay the coupon.
"The possibility or impossibility of fulfilling our obligations in foreign currency does not depend on us, we have the money, we paid the payment, now the ball is on the side, first of all, of the American authorities," Siluanov said in an interview with RT Arabic. According to him, Washington should clarify whether it is possible to make such payments from Russian foreign currency accounts.
more..
zhttps://ria.ru/20220316/gosdolg-1778433947.html