Evergrande has remitted the funds for a key interest payment that was due Sept. 23 — ahead of a 30-day grace period that ends Saturday, according to Chinese state media Securities Times.That will allow the indebted Chinese property developer stave off a widely-expected default.Shares of Evergrande popped more than 4% on that news.The $83.5 interest payment on Evergrande's March 2022 offshore bond has been closely watched since the heavily indebted property developer warned twice in September that it may default. Dollar bonds are largely held by foreign investors.The Securities Times report said Evergrande plans to make the interest payment in time for the Oct. 23 deadline, and that the embattled property developer had remitted the $83.5 million through Citibank. The bank declined CNBC's request for comment.CNBC has also reached out to Evergrande for comment.