Russia was set to swerve a debt default after overdue payments on two of its sovereign Eurobonds were sent to creditors, four sources told Reuters.
A source familiar with the payment process and speaking on condition of anonymity, said on Tuesday the funds had been transferred to some bondholders the day before.
Two creditors holding the bonds confirmed the money had shown up in their accounts.
A senior US official confirmed on Monday that Moscow had made the payment without using reserves frozen in the United States, adding that the exact origin of the funds was unclear.
Russia last week made what appeared to be a late U-turn to avoid a default, announcing it had paid nearly $650 million it owed in coupons and principal to holders of the bonds, ahead of a grace period expiry on May 4.
Russia's $40 billion of international bonds have become the focus of a financial standoff between Western capitals, which have imposed sweeping sanctions over the country's invasion of Ukraine, and Moscow, which has introduced counter-measures.
This has complicated making payments on sovereign and corporate bonds, with several firms and state-owned entities, such as Russian Railways, failing to do so in time.
The latest payments were made after Russia's early-April attempt to transfer funds to international holders from its immobilised reserves.
That was halted by US authorities.
Moscow then transferred the amount due in roubles into onshore accounts, saying it considered its obligations fulfilled.
However, foreign investors were unable to access the money due to Russian capital controls.
Given the terms specified payments must be made in US dollars, the move was widely seen as constituting default.
