Gazprom Bondholders Said They Were Repaid in Dollars

The transcript discusses the delayed coupon payment by Rosneft, expected to be paid in dollars after public holidays in Russia. It explores the implications of payments in rubles versus dollars, highlighting potential defaults due to sanctions and decrees by Putin. The discussion includes caveats with Gazprom and Rosneft, noting that some payments were made before the decree. The motivations for Russia's payments, such as maintaining business relations and satisfying investors like China, are examined. Finally, the transcript covers upcoming payments by the Russian Government and an aircraft leasing company, emphasizing the importance of payment currency and potential defaults.

What currency is Rosneft expected to use for its coupon payment?

• Yen

• Dollars

• Rubles

• Euros

What could happen if payments due in dollars are made in rubles?

• It would be considered a successful payment

• It would be considered a default

• It would be considered a partial payment

• It would be considered a delayed payment

What is the significance of the money being transferred before the decree?

• It avoids the default scenario

• It increases the payment amount

• It changes the payment currency

• It delays the payment

Why might Russia still want to pay some investors despite sanctions?

• To avoid legal obligations

• To increase their debt

• To show they are open for business

• To reduce their currency reserves

What is the potential consequence of the Russian Government's upcoming coupon payments being made in rubles?

• It would be considered a successful payment

• It would be considered a default

• It would be considered a delayed payment

• It would be considered a partial payment