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"russian" Railways Ruled in Default Over Missed Bond Payment

Litwin

Litwin

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"russian" Railways Ruled in Default Over Missed Bond Payment


State-owned Russian Railways attempted to pay the bond coupon last month, but it failed to reach holders due to “legal and regulatory compliance obligations within the correspondent banking network.”



www.bloomberg.com

Russian Railways Ruled in Default Over Missed Bond Payment (2)

Russian Railways JSC has been ruled in default by a derivatives panel after missing a bond interest payment, the first such decision since Russia was slapped with extensive sanctions that complicated financial transactions.
www.bloomberg.com www.bloomberg.com

Now it begins…the decay…soon back in the Soviet´s 1991… ! qestion is for how long can Moscow empire run its bizarre show ?


 
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