The Russian government announced on the 18th (local time) that it had fully paid off interest of $117 million (regarding 142.2 billion won) on two dollar government bonds maturing in 2023 and 2043.
According to MarketWatch and Associated Press, the Russian Ministry of Finance announced on the same day that Citibank, a payment agency, had received interest on the dollar treasury on time.
The interest payment period is 16 days, and if the payment is not made within the 30-day grace period, Russia almost fell into default (default) for the first time in 100 years with an obshore bond.
The Treasury Department announced the day before that it had remitted interest on dollar government bonds, and confirmed that some bond holders had received interest.
Russia owes regarding $40 billion in foreign debt, half of which is held by foreign investors.
This month, it has to pay an additional $615 million in interest on dollar government bonds. Also, on April 4th, $2 billion of obshore bonds must be repaid.
Russia’s interest and principal on dollar government bonds to be repaid by the end of this year totaled more than $4.5 billion.
The interest on the dollar government bond, which is due to be paid the most, is $66 million, due on the 21st, with a grace period of 30 days.
[서울=뉴시스]
