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Russian State Duma ratifies protocol to restructure BelNPP loan | NEWSWIRE | NPP Belarus – Nuclear power industry – News Belarus – Technologies

10.03.2021
MOSCOW, 10 March (BelTA) - The Russian State Duma ratified the protocol to amend the Belarusian-Russian intergovernmental agreement on the state export credit to the Belarusian government to build a nuclear power plant of 25 November 2011, BelTA has learned.
This protocol was signed in Moscow on 14 July 2020. The document formalizes the loan repayment terms revised on the initiative of Belarus in connection with a fall in oil and gas prices and postponement of the commissioning of power units, which has affected the profitability of the nuclear project and increased its payback period. The protocol contains the following terms for restructuring Belarusian obligations: extension of the loan use period for 2 years - until the end of 2022; postponement of the grace period on the principal from 1 April 2021 to 1 April 2023; replacement of the current mixed interest rate on the loan with the fixed interest rate of 3.3% per annum. ....

Timur Maksimov , Russian State Duma , Deputy Finance Minister Timur Maksimov , ரஷ்ய நிலை டுமா ,

Any liquid market for FX borrowing will suit MinFin, apart from euros there is also yuan, yen

10 Mar 2021 16:10
Any liquid market for FX borrowing will suit MinFin, apart from euros there is also yuan, yen - deputy minister
MOSCOW. March 10 (Interfax) - The Russian Finance Ministry is looking at various options for Eurobond placement, and any liquid market could be interesting, Deputy Finance Minister Timur Maksimov told reporters.
In August 2019, new U.S. sanctions were imposed, depriving U.S. investors of the opportunity to buy Russian sovereign Eurobonds in the primary market. In fact, these restrictions effectively deprived Russia of the ability to offer dollar-denominated debt securities to the market. Last year, Russia borrowed only in euros. ....

Timur Maksimov , Russian Finance Ministry , Deputy Finance Minister Timur Maksimov , Finance Ministry , ரஷ்ய நிதி அமைச்சகம் , நிதி அமைச்சகம் ,

Russian State Duma ratifies protocol to restructure BelNPP loan

Russian State Duma ratifies protocol to restructure BelNPP loan
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Timur Maksimov , Russian State Duma , Deputy Finance Minister Timur Maksimov , ரஷ்ய நிலை டுமா ,