Moody's says that it will declare Russia in default on May 4, at the end of the grace period, if Russia services the foreign dollar-denominated bonds that it paid on April 4 in rubles rather than in US dollars, as mandated by the terms of the obligations.
Moody's says it will declare Russia in default on 4 May, at the end of the grace period, if it insists on servicing the foreign dollar-denominated bonds it paid on 4 April in rubles rather than US dollars, as mandated by the terms of the obligations.
Moody's says thatit will declare Russia in default on May4, at the end of the grace period, if Russia services the foreign dollar-denominated bonds thatit paid on April 4in rubles rather thanin US dollars, as mandated by the terms of the obligations.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/27JWN2NRGBJV5LEJXXUVY4YNUY.jpg "Russia may be in default, Moody's says © Reuters")