Vnesheconombank Made Payment on 1998 Eurobonds
OREANDA-NEWS. June 24, 2009. In accordance with the terms of issuing eurobonds and on the Russian Finance Ministry’s instructions State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ made a payment totaling 159 365 437.50 US dollars to pay interest on the 1998 eurobonds.
The payment was made in a single currency. The funds were transferred to Citibank N.A. London Office.
The 1998 eurobonds were issued for the amount of 2.5 billion US dollars for a period of 30 years with coupons to be paid twice a year.
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