The U.S. Department of the Treasury prohibited Russia from making debt payments with funds subject to U.S. jurisdiction.
Fecha de inicio:
05/04/2022
Fecha de fin:
N/A
Description
Sanctions do not preclude payments on Russian sovereign debt at this time, provided Russia uses funds outside of U.S. jurisdiction. However, Russia is a global financial pariah — and it will now need to choose between draining its available funds to make debt payments or default.