Finance Minister Anton Siluanov has repeatedly stated that the country will pay its debts in rubles.
(Photo: imago/ITAR-TASS)
Frankfurt The guesswork about a possible state bankruptcy of Russia continues: The Moscow Ministry of Finance announced on Thursday that it had instructed the interest payments due on Wednesday for dollar bonds with a volume of 117 million dollars. According to an insider, some holders of these papers have not yet received their money.
Because of the invasion of Ukraine, the West has imposed sanctions on Russia that, among other things, make international money transfers more difficult. However, a default by Russia will only become official once the 30-day grace period has expired.
It would be the first time since the 1917 Russian Revolution that the country would default on its commitments. At that time, the Bolsheviks had not recognized the debts of the Tsarist era.
More: Payday in Moscow – Investors are waiting for interest payments
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