The Central Bank of Russia has extended the mechanism that will allow holders of the Republic of Belarus’s Eurobonds to receive coupon income and redeem their bonds in 2026 via Russian infrastructure, and it confirmed that these Eurobonds can be substituted with government securities of the Republic of Belarus. The option for investors to receive payments on the Eurobonds of JSC Development Bank of the Republic of Belarus (ISIN XS1904731129) through Russian infrastructure also remains available, including the ability to redeem the bonds if necessary. The measures are intended to enable payments and substitution without involving foreign accounting institutions.
Central Bank of Russia 2025-12-30
Central Bank of Russia extends mechanism for Belarusian Eurobond payments and substitution via Russian infrastructure
The Central Bank of Russia has extended the mechanism for holders of the Republic of Belarus’s Eurobonds to receive coupon income and redeem bonds via Russian infrastructure in 2026. Investors can also receive payments on Eurobonds of JSC Development Bank of the Republic of Belarus through Russian infrastructure, with the option to redeem. These measures aim to facilitate payments and substitutions without foreign accounting institutions.