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Russia Buys Back $1.45 Billion of 2022 Eurobond Using Rubles.

Authors :
Maki, Sydney
Vizcaino, Maria Elena
Aquino, Kristine
Source :
Bloomberg.com; 3/31/2022, pN.PAG-N.PAG, 1p
Publication Year :
2022

Abstract

It continues to service its foreign bonds after sanctions over the invasion of Ukraine severed Russia from the global financial system. (Bloomberg) -- Russia bought back the bulk of a $2 billion dollar bond using rubles, a step that ensures local investors aren't affected by payment restrictions after the country was hit by sanctions for the invasion of Ukraine. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
156058506