Russia paid coupons in foreign currency on 2 Eurobonds – may have averted default.

News

Info comes via Reuters:

Russia’s National Settlement Depository (NSD) on Friday successfully paid coupons in foreign currency on two Eurobonds, an NSD representative told Reuters, a move that could mean Russia may have again averted a default.

There is more USD debt payments due in June. Russia continues to scramble to cover.

putin 11 May 2022

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