Russia will buy back $2 billion in outstanding sovereign Eurobonds maturing on April 4 and will pay the bondholders in roubles, the finance ministry said in a statement on Tuesday.
It said the Eurobonds would be bought at a price equivalent to 100% of their nominal value.
Bondholders should submit their requests to sell their holding to the National Settlement Depository between 1300 GMT on March 29 to 1400 GMT on March 30, the finance ministry said.
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