By Joseph Branch in Economics News —

Moody's said that Russia has defaulted on Eurobonds

Moody's said that Russia has defaulted on Eurobonds
Photo by lilzidesigns / Unsplash

Earlier the default was reported by Bloomberg agency. However, it is the rating agency that has to officially announce the default. Moody's has done this - Russia has officially defaulted.

  • In the IF Bonds TG-Channel we explained why Russia's default declaration is not critical for the domestic economy.