Substituted Bond
Substituting bond - bonds issued by Russian organizations in favor of holders or other persons exercising rights under Eurobonds (hereinafter - Eurobond holders), which have obligations related to such Eurobonds, the issuance of which is carried out taking into account the provisions of paragraph 2 of part 1.1 of article 7 of the Federal Law dated July 14, 2022 No. 292-FZ "On amendments to certain legislative acts of the Russian Federation, declaring paragraph six of part one of article 7 of the Law of the Russian Federation "On State Secrets" obsolete, suspending the application of certain provisions of legislative acts of the Russian Federation and on establishing special regulations for corporate relations in 2022 and 2023", article 6 of the Federal Law dated July 14, 2022 No. 319-FZ "On amendments to certain legislative acts of the Russian Federation", and the Decree of the President of the Russian Federation dated July 5, 2022 No. 430 "On repatriation by residents - participants in foreign economic activity of foreign currency and currency of the Russian Federation"1.
Tax Code of the Russian Federation, as amended on 2026-04-25, Art. 214.1, para. 13 // RSZ RF. 2000. No. 32. Art. 3340. ↩