Russia Sets Rules for Foreign Debt Payments Russian Presiden | Melania Trump (Official)

Russia Sets Rules for Foreign Debt Payments

Russian President Vladimir Putin signed a decree establishing a temporary procedure for payments of external foreign currency public debt on Wednesday.

The bond-payment procedure mirrors the mechanism Moscow uses to process payments for its gas, in rubles.

Putin also instructed the Cabinet of Ministers and Ministry of Finance to identify banks for payments on Eurobonds under the new scheme within 10 days and make the necessary technical arrangements.