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Russia still avoids default, paid coupons on eurobonds

2022-05-03T10:36:58.945Z


Russia appears to have once again averted the technical default of its foreign currency debt. (HANDLE)


(ANSA) - MILAN, 03 MAY - Russia seems to have once again averted the technical default of its foreign currency debt.

According to Bloomberg reports, three investors would be credited with the indollar coupons of two Eurobonds, maturing in 2022 and 2042, on the eve of the end of the 30-day grace period that began in early April, when the coupons matured.

The payment - which concludes a real gyncana between the sanctions - prevents Russia from the first default in its history from the ousting of the tsars by the Bolsheviks.

(HANDLE).


Source: ansa

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