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Russian finance ministry says it has met coupon payment obligations in full – Reuters.com

A sign is on display outside Russia’s Finance Ministry building in Moscow, Russia March 30, 2021. REUTERS/Maxim Shemetov

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March 18 (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 (C.N) 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.

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Reporting by Reuters; editing by Jason Neely

Our Standards: The Thomson Reuters Trust Principles.

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