Research and Insights
Articles by Gabor Fabian
Russian Bonds: The 100-Year Storm?1 mins read Quick Take | Apr 7, 2022 |
The U.S. Treasury Dept. decided this week to effectively block payments to holders of two USD Russian sovereign bonds. These payments had been initiated by the Russian Ministry of Finance, but would have required the Russian government to access its reserves held at U.S. banks.
Russia Avoided Default, At Least For Now2 mins read Quick Take | Mar 23, 2022 |
Despite uncertainty around whether sanctions will bar creditors from receiving payments, Russia paid USD 117 million of interest due for two Russian hard-currency bonds, on March 16.