Default Russia
Hypersonic-Missile Failures Risk US. Chase of China Russia We see a default as the most likely scenario Simon Waever the firms global head of emerging-market sovereign credit strategy.
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Last week the Bank of Russia temporarily halted payments and said it had barred coupon payments for foreign investors holding OFZs rouble-denominated sovereign debt.
. According to the agency capital controls earlier introduced by Russias central bank are expected to restrict payments on the countrys foreign debt and may lead to default.
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