Skip to main content

Russia Makes Early Debt Payment Ahead Of Reports That The U.S. Will Ban Russian Debt Payments

Reuters: Russia makes early debt payment dash in bid to swerve default  

LONDON (Reuters) - Russia initiated payment on two of its external bonds on Friday in an attempt to stave off a looming sovereign default ahead of a key U.S. licence allowing such transfers expiring next week. 

The finance ministry said it channelled $71.25 million on coupon payout for dollar-denominated Eurobonds maturing in 2026 and 26.5 million euros ($28 million) on papers due in 2036. 

Russia has faced the prospect of sovereign default since Western capitals imposed sweeping sanctions in the wake of its invasion of Ukraine on Feb. 24 as well as Moscow introducing counter-measures. The country has been all but severed from the global financial fabric.  

Read more ....  

Update: Russia says it paid its Eurobond coupons in full (RT) 

WNU Editor: Here are Russia's debt payments for 2022 .... Here’s a list of Russia’s upcoming debt payments (CNBC).



from War News Updates https://ift.tt/LFcEMYa
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

U.S. Army Conducts Gunnery Exercise With Latest Air Defense System Sgt Stout.

U.S. Army officials confirmed that a live gunnery exercise at Fort Hood, Texas, is underway, featuring the latest-generation Sgt Stout short-range air defense system. The drills mark a significant step toward full operational integration as units across the force adapt to evolving threats from drones, rotary-wing aircraft, and low-flying munitions. It matters because Sgt. Stout enhances the Army’s ability to defend forward-deployed troops and critical infrastructure from modern aerial threats. Read full Defense News at this link ... A U.S. Army SGT Stout SHORAD air defense vehicle maneuvers into firing position during live-fire training with the 6th Battalion, 56th Air Defense Artillery Regiment at Fort Hood, Texas, on October 3, 2025. (Picture source: U.S. Department of War) Read More from World Defence News https://ift.tt/NYmsS1n via IFTTT
Post a Comment
Read more

Tonight's Movie Is 'Decision Before Dawn' (1951)

  From Wikipedia: Decision Before Dawn is a 1951 American war film directed by Anatole Litvak, starring Richard Basehart, Oskar Werner, and Hans Christian Blech. It tells the story of the American Army's using potentially unreliable German prisoners of war to gather intelligence in the closing days of World War II. Read more .... from War News Updates https://ift.tt/2QzrYGK via IFTTT
Post a Comment
Read more

US Vice-President Kamala Harris Ends Her 5-Day Trip To France

  Daily Mail: Kamala Harris says she 'remains very concerned' about potential Russian invasion of Ukraine - and then shows reporters the pots and skillets she just bought in Paris   * While in Paris, Harris said she 'remains concerned' about Russia days after saying she's worried about their military amid tense immigrant crisis in Belarus  * She said on Saturday - her last day in Paris - that the five-day trip is about 'making clear the long-standing relationship' between the US and France  * Earlier this week, Harris was mocked for appearing to use a French accent while visiting the Institut Pasteur science lab  * Meanwhile, the entire Biden administration appears to have growing fears of an imminent conflict in Eastern Europe  * Harris said the 'eyes of the world' are on the Belarus border as Russia and Belarus carry out snap military drills where a migrant crisis is on Poland's border  * Belarus said the drill was in response to the ...
Post a Comment
Read more