Russia owes nearly $2 million in interest on government bonds

Russia has violated its obligations to pay interest on its debt obligations in the amount of $1.9 million.

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As the agency informs, this amount was to be included in the payment on Russian government bonds made at the beginning of last month. According to Bloomberg, the amount of insurance payments to holders of Russian bonds could reach $3.2 billion.

Bloomberg emphasizes that the size of the accumulated interest payments and the fact that the principal payment has already been made means that the decision of the Credit Derivatives Review Committee will not cause a wider default on Russian government bonds.

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