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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.
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...
Credit ratings agency Fitch said on Tuesday that if Russia were to make two U.S. dollar bond coupon payments due Wednesday in roubles, it would constitute a sovereign default after a grace period...
Moody's cut Russia's credit rating to Ca -- the second-lowest in its ratings ladder, citing a rise in default risk.
The central bank last week put a temporary halt on payments and on Wednesday said it had barred coupon payments for foreign investors holding rouble-denominated sovereign debt.