Bloomberg: Russia has its first default since 1918

Bloomberg: Russia has its first default since 1918

According to American journalists, Russia has defaulted on its sovereign debt in foreign currency.

The American Bloomberg agency published an article in which it reported that Russia has defaulted on sovereign debt in foreign currency.

According to journalists, the grace period for the payment of about $100 million in overdue payments on government bonds ended last night.

If the payment has not been transferred, then the situation is considered a default.

The agency calls this the first default of the Russian Federation on foreign debt since 1918.

At that time, the Bolsheviks who came to power did not pay the debts of the Russian Empire.

The agency’s statements were refuted in Russia.

According to financial analyst Mikhail Belyaev, default is impossible in Russia because the country has money, although it has recognized obstacles to payment.

The analyst admitted the possibility of a technical default and noted that the country could declare a selective default.

“Default means that, according to some rating agencies, we get into the default list, we will not be able to place further issues of our Eurobonds”, – quotes the expert Lenta.ru .

He noted that this threat will not affect the Russian economy, since now it is impossible to place Eurobonds at all.

Earlier, topNews wrote that Bloomberg said that Russia is about to default.

US journalists announced a technical default.

Источник topnews.ru

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