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World 1 min read Source: Зеркало недели

Moody's officially confirmed Russia's default on external public debt

Moody s officially confirmed Russia s default on external public debt
photo Зеркало недели

On Monday, June 27, Russia defaulted on its international debt obligations, although the Kremlin denied this. The fact that the bondholders did not receive their payments in dollars was officially confirmed by the international rating agency Moody's..

Moody's website says: "

The agency does not rule out the possibility of Russia defaulting on all its other international debt obligations.

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Recall, on June 27 in the morning it became known that Russia defaulted on its sovereign debt in foreign currency for the first time since 1918.. A few hours before the end of the grace period that Russia is likely to default, Bloomberg warned.

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