State External Borrowings of the Russian Federation
Federal government external borrowings of the Russian Federation — attracting loan funds on behalf of the Russian Federation into the federal budget through the placement of state securities of the Russian Federation and in the form of loans from credit organizations, foreign states, international financial organizations and (or) other subjects of international law, foreign legal entities, which create debt obligations of the Russian Federation as a borrower, expressed in foreign currency1.
Budget Code of the Russian Federation dated 31.07.1998, as amended on 2019-08-02, Article 103, paragraph 5 // Official Gazette of the Russian Federation. 1998. No. 31. Art. 3823. ↩