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Russia defaults on Eurobonds: Moody’s

New Delhi: Moody’s said that Russia had defaulted on its foreign debt obligations, according to a statement published on the agency’s website on Monday. “On 27 June, holders of Russia’s sovereign debt had not received coupon payments on two Eurobonds worth $100 million by the time the 30-calendar-day grace period expired, which we consider an event […]
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