SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (184580)2/28/2022 3:07:19 PM
From: TobagoJack  Read Replies (2) | Respond to of 217668
 
Wonder who Russia owe money to mostly, and how many ways there are to make good on the debt

Or default?

Seizing a few billion dollars of Russian Central Bank and other Russian bank assets (amount?) in exchange for Russia not paying down all debt is interesting trade ($478 billion)

bloomberg.com

Putin Retaliates by Banning Foreign Debt Service (6:40 p.m.)
President Vladimir Putin banned all Russian residents from transferring hard currency abroad, including for servicing foreign loan contracts. It wasn’t clear whether the new rules applied to Russia’s sovereign debt and if they constituted default. The central bank put Russia’s total external debt at $478 billion.

The steps, which take effect Tuesday, are part of a package of retaliatory measures for U.S. and European sanctions over his invasion of Ukraine. They also include restrictions on companies buying back their own stock, according to the text of the decree.

Bank of Russia Reassures on Debt After Putin’s Sanctions Gambit