Overdue interest payments were made to some investors holding dollar-denominated 2029 redemption sovereign eurobonds issued by Russia (surface interest rate 4.375%, issuance amount of 3 billion dollars = regarding 376 billion yen) It turned out. Russia is subject to strict international sanctions, but is likely to avoid default once more.
Two foreign investors holding sovereign debt said they were not authorized to speak publicly, and said that some of the interest rates totaling $ 66 million (regarding 8.1 billion yen) were in the account as of the 24th, on condition of anonymity. Began to be transferred to. Interest payments were made in dollars, according to one of the people involved.
Meanwhile, a third bondholder interviewed on the 24th said he had not yet confirmed payments. This is the third sovereign-eurobond that Russia will pay interest in the past week. The interest payment date was 21 days, but a grace period of 30 days was set.
Original title:Russia’s Latest Bond Payment Begins Showing Up for Some Holders(excerpt)