IMF denies private debt for Russian eurobonds re-qualified to interstate debt

12:57, 26.06.2015 1 min read

The IMF has denied information that eurobonds for $3 billion with repayment due at the end of 2015, which were issued to the Russian National Welfare Fund (NWF) were re-qualified from private debt to interstate debt, IMF official representative Gerry Rice said at a briefing in Washington on Thursday.

"For us, it is not an issue right now. As you know, Ukraine has paid on the Russian bond recently, so Ukraine is current at the moment," he said.

"I can confirm that IMF staff will participate in a technical meeting between – it is actually called the Ad Hoc Committee of Ukraine’s bond holders, and the Ukrainian authorities. That will take place in Washington, here in Washington, on Tuesday, June 30. The IMF is not hosting that meeting, to the best of my knowledge," he said.