Russia’s finance ministry said on Wednesday it had to pay holders of its dollar-denominated eurobonds due in 2022 and 2042 in rubles as a foreign bank refused to process its $USD money order. 649.2 million to investors in its debt.
The Finance Ministry said the foreign bank, whose name it did not disclose, had rejected Russia’s order to pay coupons on the two bonds and also failed to process the payment regarding the maturity of a bond this year.
Russia may consider allowing foreign holders of its 2022 and 2042 eurobonds to convert ruble payments into foreign currencies once Russia’s access to its hard-currency accounts is restored, the finance ministry said.
Russia’s ability to meet its debt obligations is in focus after Western sanctions in response to what Russia calls a “special military operation” in Ukraine froze nearly half of the country’s state reserves and limited Moscow’s access to global systems. of payment.
Test your knowledge of the conflict between Russia and Ukraine
Between November 2021 and February 2022, the world watched tensions between Russia and Ukraine escalate. Test your knowledge of the news
Russia and Ukraine were part of the Soviet Union during the 20th century. In what year did the USSR split and these republics form?
What are the Donetsk and Luhansk regions?
Who is Volodymyr Zelensky?
What does the acronym NATO mean?
Tick ​​the alternative that correctly shows three countries that support Russia in the invasion of Ukraine
Which of these countries have already announced economic sanctions against Russia?
Which of these Ukrainian cities has already suffered from Russian bombing?
What was the first country to send aid to Ukraine after the invasion?
On February 24, Russia invaded the site of a tragedy that took place in 1986. What is this region?
What is the name of the set of military laws that replace civil laws in times of war?
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Source: CNN Brasil
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