Rosneft redeemed Eurobonds with interest in dollars, not rubles

10 March 2022, 20:10 | Economy
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Russia's largest oil company, Rosneft, redeemed its Eurobonds for $2 billion. At the same time, the full amount of obligations with interest was paid to the owners of securities, Bloomberg reported..

Recall that on March 6, Putin signed a decree, which allowed to pay the external debt of Russian issuers to "

However, the publication suggests that Rosneft's payment was made before the signing of the decree..

Also on March 7, Gazprom redeemed $1.

3 billion worth of bonds by making a payment in dollars, but it is known there that the process was launched even before Putin's decree..

Rosneft bonds matured on Sunday, but due to public holidays in Russia in connection with the March 8 holiday, payments occurred only in the middle of the week.

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Recall that the US Department of Energy has overgrown the country's oil companies to increase production. The United States also plans to release a considerable amount of oil from strategic reserves..




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