Jun 27, 2022 07:14 PM (GMT+8) · EqualOcean
The Russian Ministry of Finance announced that Russia has completed the repayment of European bonds on schedule, and Russia has never refused to fulfill its debt repayment obligations to any investors. In the relevant contract documents, it is not clear that if the Eurobond investor fails to receive the payment due to the behavior of a third party, it will be deemed as a debt default. The Russian Ministry of finance also said that investors' failure to receive funds from Russia should be resolved within the framework of general legal norms. Foreign investors who have not received the payment from Russia shall consult with relevant financial institutions.