MOSCOW, June 26 (RIA Novosti) - Vnesheconombank, Russia's state-run foreign trade bank, said Monday it had transferred $279.4 million to Citibank N.A. (London) to pay for Eurobond coupons.
A total of $159.4 million will be paid on Eurobonds worth $2.5 billion that will mature in 2028 and $120 million on Eurobonds worth $2.4 billion that will mature in 2007.
Coupon interest rates are 12.75% and 10% and are paid twice a year.