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Poroshenko signs extension of $3 billion Russian debt moratorium
Journal Staff Report

KIEV, May 4 – Ukrainian President Petro Poroshenko has signed a bill to amend Chapter 4 of the Ukrainian law "On particularities of making transactions with regard to debt of the government, debt guaranteed by the government or municipal debt", which extends the temporary moratorium for payments on the two-year eurobonds issued in December 2013 and purchased by Russia's National Wealth Fund.

"April 29, 2016. [The bill was] returned with the president's signature," the note on the page dedicated to the bill on the Verkhovna Rada website said.

The Verkhovna Rada passed the bill on April 12. The bill was sent out for signature to Ukrainian President Petro Poroshenko on April 15.




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