The Russian government is implementing measures to allow its foreign-currency-denominated Eurobonds to be exchanged for new notes in RUB, potentially enabling some investors to evade sanctions imposed on the securities. The finance ministry has prepared budget amendments to facilitate servicing the new debt through Russia’s local financial infrastructure, bypassing foreign banks and settlement systems where international penalties have obstructed payments. This initiative may enable Russia to replace approximately USD 10 bln worth of debt. In a separate report, Moscow disclosed that it had thwarted attacks from at least five drones.