WEB.The Russian Federation has transferred funds in Russian rubles through Russian depositories to pay coupon income and the amount of the principal debt owed to Russian residents and residents of friendly countries, whose securities are held in custody accounts in Russian depositories, on Eurobonds XS0559915961 denominated in US dollars, issued by VEB Finance plc. This is stated in the message of the bank.
Funds in rubles are transferred in an amount equivalent to the value of liabilities in foreign currency and calculated at the official exchange rate of the Bank of Russia set on the date of payment. The payment was made within the time limits set by the issue documentation.
The State Development Corporation VEB.RF (Vnesheconombank State Corporation) (TIN 7750004150) was established on the basis of the Federal Law of the Russian Federation "On the Development Bank" through the reorganization of Vnesheconombank of the USSR in 2007. Vnesheconombank is one of the development institutions whose activities are aimed at eliminating infrastructural constraints on economic growth, increasing the efficiency of natural resource use, developing high-tech industries, unlocking the innovative and productive potential of small and medium-sized businesses, and supporting the export of industrial products and services.
