NEW – March 16, 2022 Today, on March 16, the Ministry of Finance will have to repay coupons for $117 million, and on April 4, the nominal value for $2 billion. If Western investors do not accept the conditions of the Russian Ministry of Finance for the payment of the coupon, then there will be a technical default on April 15, and a “full” default on May 4. Russia’s external public debt is $59.5 billion, but 18.7 billion of this...
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