Russia averts default
May 4th 2022 5:33am EDT
Sovereign bond dollar payments due Wednesday are reportedly reaching creditors Russia’s dollar payments on two foreign bonds have reached foreign creditors, Bloomberg reported on Tuesday. Ukraine-related sanctions had been holding up transactions for weeks, fueling fears of a default. Russia settled the $564.8 million payment on a 2022 Eurobond, and a $84.4 million payment on […]
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