Ministry of Finance of the Russian Federation
Ministry of Finance of the Russian Federation
26.07.1999

PRESS RELEASE Russian Minfin transfers coupon payments for USD Eurobonds due 2005 and 2018

 

Russian Minfin transfers coupon payments for USD Eurobonds due 2005 and 2018.

Ministry of Finance of the Russian Federation announced today that it had transferred a sum of USD 320,532,296.25 to cover interest payment due on 24.07.99 for the country’s USD Eurobonds due 2005 and 2018 issued on 24 July 1998.

Issue Coupon Payment
USD 2005 8,75% $129,880,406.25
USD 2018 11.0% $190,651,890. 00

The payment has been made to Citibank, which performs the functions of fiscal agent for Russia’s dollar-denominated eurobonds.