Zee Beam News

MOSCOW (Interfax) - Russia's sovereign external debt was down to $112.9 billion on October 1 from $119.7 billion on January 1, the Finance Ministry said. The debt in euros fell to 91.7 billion euros from 95.7 billion euros, the ministry said. Debt to members of the Paris Club of sovereign creditors fell to $44.4 billion (36 billion euros) from $47.7 billion (38.2 billion euros) and debt non-Paris Club members grew to $7.8 billion (6.3 billion euros) from $7 billion (5.6 billion euros). Soviet-era commercial debt decreased to $2.9 billion (2.4 billion euros) on October 1 from $3.8 billion (3.1 billion euros) at the start of the year. Debt to international financial organizations fell to $9.8 billion (8 billion euros) from $12.1 billion (9.6 billion euros), including debt before the International Monetary Fund (IMF) to $3.6 billion (2.9 billion euros) from $5.1 billion (4.1 billion euros); debt before the World Bank to $5.9 billion (4.8 billion euros) from $6.6 billion (5.3 billion euros); and debt to the European Bank for Reconstruction and Development (EBRD) to $0.3 billion (0.2 billion euros) from $0.4 billion (0.3 billion euros). Debt on sovereign Eurobonds fell to $35.2 billion (28.6 billion euros) as of October 1 from $35.7 billion (28.5 billion euros) on January 1. Debt on MinFin OVVZ bonds was unchanged at $7.3 billion (5.8-5.9 billion euros). The government's debt on credits issued via Vnesheconombank and financed by the Central Bank decreased to $5.5 billion (4.5 billion euros) from $6.2 billion (5 billion euros).