2022 Russian debt default
id:
2022-russian-debt-default-183-7324517
title:
2022 Russian debt default
text:
Russia defaulted on part of its foreign currency denominated debt on 27 June 2022, because of funds being stuck in Euroclear. This was its first such default since 1918, back then it was just ruble-denominated bonds, not foreign currency debt. Before that, on 2 June, Russia defaulted on the 30-day interest, incorrectly not counting interest for the grace period, but a failure to pay $1.9 million was not sufficient to trigger a cross-default across other instruments, because the minimum threshold
brand slug:
wiki
category slug:
encyclopedia
description:
Credit crisis in Russia in 2022
original url:
https://en.wikipedia.org/wiki/2022_Russian_debt_default
date created:
2022-04-11T19:39:19Z
date modified:
2024-09-07T09:04:32Z
main entity:
{"identifier":"Q111610766","url":"https://www.wikidata.org/entity/Q111610766"}
image:
fields total:
13
integrity:
15