Vnesheconombank in accordance with terms of issuing eurobonds on the instructions of the Russian Finance Ministry transferred funds in the total amount of 1 billion 307 million 69 thousand and 634.18 US dollars to The Bank of New York to make a regular payment on eurobonds to repay government foreign debt of the Russian Federation including:
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409 million 275 thousand and 534.42 US dollars on eurobonds with final maturity date in 2010;
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897 million 794 thousand and 99.76 US dollars on eurobonds with final maturity date in 2030.
The payment was made in a single currency.
Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 208-46-93, Fax: +7 (495) 975-21-34
E-mail: press@veb.ru
Agreement between Vnesheconombank, Russian Transportation Ministry and Krasnodar Region Administration Signed
Today,on September 22, in the course of the Fourth International Investment Forum “Sochi 2007” the State Corporation “The Bank for Development and Foreign Economic Affairs (Vnesheconombank)”, the Russian Transportation Ministry and the Krasnodar region Administration signed an Agreement on Cooperation in carrying out transportation development projects on the territory of the Krasnodar region implemented within private public partnership.
The Agreement aims to establish long-term and effective cooperation in working out mechanisms and schemes for financing projects in the transportation infrastructure development on the territory of the Krasnodar region implemented within public private partnership. This involves, among other things, the project to design and build a toll motorway “Krasnodar-Abinsk-Kabardinka with a total length of 147.4 kilometers and a total investment requirement in the amount of at least 117 billion rubles.
Implementation of the Agreement would boost theKrasnodar region’s socio-economic development, help build modern transportation infrastructure, improve the environmental situation in the region and promote the development of tourist and resort areas.
Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 208-46-93, Fax: +7 (495) 975-21-34
E-mail: press@veb.ru