Russia Says Foreign Banks Rejected $649.2M Bond Payment

Russia Says Foreign Banks Rejected $649.2M Bond Payment

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the challenges in accessing Russian bond documents and the impact of sanctions on Russia's ability to make bond payments. It highlights the role of the Credit Derivatives Determination Committee in assessing potential defaults, particularly concerning Russian Railways. The transcript concludes with details on interest payments and the implications of these financial events.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How much does Russian Railways owe in sterling coupons, and what was the due date?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences if the credit derivatives Determination Committee rules an event of default?

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