VEB performs the function of the debt agent the Russian Federation until the end of 2020


Moscow. November 23. The government has extended for 5 years functions of Vnesheconombank (VEB) on Bank service of loans of the former USSR and Russia, follows from the order placed on the official Internet portal of legal information.

According to the previous document, the Ministry of Finance until October 1, 2015 was to prepare proposals on the transfer function of the debt the agent of another organization, and from 31 December 2015, VEB has ceased to carry on banking service the foreign debt of the USSR and Russia.

The new order extends the period of preparation of proposals on organization-successor before October 1, 2020, and the period of liberation from VEB functions debt agent before 31 December 2020.

Earlier it was reported that by the end of 2015 is expected to resolve the bulk of the external debt of the former USSR and Russia and, starting in 2016, you will need to repay Eurobonds only. Representatives of the Ministry of Finance said that after the withdrawal of Vnesheconombank the function of state agent for service of borrowings payments on debt could make the Federal Treasury.