By Presidential Decree No. 364 of May 22, 2023, Russian organizations are required to issue replacement bonds instead of eurobonds by January 1, 2024.
Eurobonds are understood to be bonds whose payment is made in eurobonds or funds with the targeted use of raised funds to purchase eurobonds during their placement.
The number of issuances of such bonds is not limited.
For more information, please refer to the Presidential Decree No. 364 of May 22, 2023, "On Amendments to the Presidential Decree of the Russian Federation No. 430 of July 5, 2022, "On Repatriation of Residents-Participants in Foreign Economic Activity of Foreign Currency and Russian Federation Currency".
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