Russia defaulted for the first time in a century - what does it now mean? | Fin24 - News24

Russia defaulted on its external sovereign bonds for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors.

• Russia defaulted on its external sovereign bonds for the first time in a century.
• At the end of the day on Sunday, the grace period on about $100 million of trapped interest payments … [+6447 chars]
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