Russia Transfers 7B Rubles to NSD for Eurobond Coupon Payments

Russia's Finance Ministry transferred 7 billion rubles to the National Settlement Depository for coupon payments on sovereign eurobonds maturing 2042, including the replacement issue. This continues Russia's pattern of servicing debt despite sanctions, but the transfer via NSD may face settlement hurdles due to Western restrictions. The move signals Russia's intent to maintain debt service, but actual bondholder receipt remains uncertain.