Companies of the Russian Federation in the second quarter will pay on an external debt of $15.4 billion


Moscow. January 26. Payments to the largest Russian companies in the second quarter of 2016 will be fairly uniform and average for the month will be about $2.5 billion, and Russian companies in the second quarter actually have to repay $15.4 billion, said in a statement on the website of the CBR.

“According to macroeconomic data, based on information from the passports of transactions of authorized banks in the second quarter of 2016 the amount of payments on external debt of non-financial organisations, including principal and interest, will amount to about USD 19.2 bn By the Bank of Russia estimates, actual payments during this period can be up to $15.4 billion, the Balance of $3.9 billion accounted for by intragroup payments (some 30 Russian companies are among the largest borrowers in foreign markets) that typically have a high probability of rollover and refinancing”, – stated in the message controller.

The Bank of Russia conducted another study of 30 largest Russian companies, the payments on which account for the bulk of upcoming maturities on all non-financial organizations. The results of the survey showed that the share of intercompany loans in the total volume of payments on external debts of large borrowers is 9% in April 2016, 12% in may, 58% in June. Adjustments for intra-group financing payments to the largest companies in the second quarter of 2016 will be fairly uniform and average for the month will be about $2.5 billion.