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Statement on Sri Lanka Defaulting on Foreign Debt Payments by Eran Wickramaratne M.P., Former State Minister of Finance On 12 April 2022, Sri Lanka suspended repayment on most of the government’s external foreign currency debt, including the International Sovereign Bonds (ISBs) and bilateral debt
NEW YORK (Reuters) - Credit ratings agency Fitch said on Tuesday that if Russia were to make two U.S. dollar bond coupon payments due Wednesday in rou...
Country?s dollar bond coupon is due on Wednesday as foreign assets remain frozen Russia’s payment on two bond coupons due on Wednesd
Currency exchange rates on display at a Moscow bank on March 9, 2022. Photo by Konstantin Zavrazhin/Getty Images Russia using the ruble to pay
Russia has interest payments of $117 million due for two US dollar bonds. Its access to assets has been hurt by sanctions since invading Ukraine.