Kremlin: Any Russian Bond Default Would Be 'Entirely Artificial'

Kremlin spokesman Dmitry Peskov is pictured during a joint press conference of the Russian President Vladimir Putin and Belarusian President Alexander Lukashenko following their meeting, in Moscow, Russia. (Sergey Guneev / Sputnik via AP)
 

Thursday, 17 March 2022 07:06 AM EDT ET

The Kremlin said on Thursday that Russia had the funds necessary to service its foreign bonds so any default would be entirely artificial.

"The fact is that from the very beginning we have said that Russia has all the necessary funds and potential to prevent a default — there can be no defaults," Kremlin spokesman Dmitry Peskov said.

"Any default that could arise would have an entirely artificial character," Peskov said. 

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The Kremlin said on Thursday that Russia had the funds necessary to service its foreign bonds so any default would be entirely artificial. "The fact is that from the very beginning we have said that Russia has all the necessary funds and potential to prevent a default -...
kremlin, russia, foreign bonds
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2022-06-17
Thursday, 17 March 2022 07:06 AM
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