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Russia checks credit default: Morgan Stanley

Latest NewsRussia checks credit default: Morgan Stanley

In the words of analysts, the default in Russia could already be on April 15.

One of the world’s largest financial corporations, Morgan Stanley, predicts that Russia will default in the middle of the month.

Write about Bloomberg.

“We are watching default as best scenariowrote Simon Wever, the company’s global strategist for evolving market lending strategies.

Vіn vvazhє, scho podії in the Russian Federation develops Behind Venezuela’s ass, as already a few years of suffering in the economic crisis, in fact, caused a humanitarian catastrophe in the country. Behind Waver’s words Russia is similar to Venezuelaoskolki she also has significant oil assets, which can only be used after the lifting of sanctions.

Default may occur on April 15. The 30-day tax period for coupon payments will also end, as the Russian order will be able to redeem bondholders with redemptions in 2023 and 2043. The non-payment may be due to Russia’s arrears in paying foreign creditors. through the sanctions of the United States and its allies.

Behind the Morgan Stanley credits, there is no indication of the possibility that US banks can accept coupon payments from the Russian Ministry of Finance.

At one point, the Ukrainians are frying in social services, so the checks until April are long overdue, so the breach of the edge aggressor could happen sooner.

Suppose that after the invasion of Ukraine in Russia, an economic collapse is expected, the Russians began to spend labor and profit.

Earlier it was reported that Russia’s credit rating had been downgraded to pre-default.

Also read:

Pass Russia as a camp on March 7, 2022 / TSN.ua

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Source: tsn.ua

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