According to Bloomberg, some holders of a $1.3 billion Gazprom PJSC bond due Monday said they received payment in dollars, even after Russian President Vladimir Putin gave issuers the option of repaying foreign-currency debt in rubles.

Bondholders said they received cash to pay off the bonds Monday, according to the people with knowledge of the payments, who declined to be identified because they aren't authorized to speak publicly about the matter.

News of the coupon payment sent the price of the bond sharply higher after crashing to 50% of par last week and was repaid at par today.