08/24/1998 19:14:16 Russia PM agrees debt restructure, terms on Tuesday
MOSCOW, Aug 24 (Reuters) - Russian Prime Minister Viktor
Chernomyrdin has agreed to a proposed plan for a key
restructuring of the short-term debt market and precise terms
are to be announced Tuesday, a government source said on
"Having heard the report of the members of the working
group (on the debt restructuring), Viktor Chernomyrdin approved
the suggested plan," the government source told Reuters.
"The terms for repaying GKO (T-bills) and OFZ (bonds) will
be announced on August 25, 1998 after the necessary regulatory
documents have been signed," the source added.