The Ministry of Finance announced the transition to a new procedure for payments on Russian Eurobonds

It is noted that this decision was made "in connection with the failure of foreign counterparties to fulfill their obligations to make payments to service the public debt of the Russian Federation."

The department’s website also states that the Russian Ministry of Finance paid coupons on Eurobonds maturing in 2027 and 2047 for 12.51 billion rubles.