Tag Archives: russia

Al-Jazeera says that Russia and Russian companies owe about $150bn in foreign-currency debt. According to Globe and Mail, Russia has until May fourth to fix its payment method on foreign bonds otherwise Moodys might consider it a default. Russian bonds are traded at a deep discount, some offering returns of over 100% in 18 months.Continue reading “Russian Foreign Debt Default Possible by May 4 2022”