Russia Says Debt Payment Made as Moscow Tries to Avoid Historic Default

Russia Says Debt Payment Made as Moscow Tries to Avoid Historic Default
A Russian ruble coin in front of St. Basil Cathedral in central Moscow on Nov. 20, 2014. Alexander Nemenov/AFP/Getty Images
Andrew Moran
Updated:
The Russian government is claiming it fulfilled its obligations in foreign currency on two of its bonds on March 15, one day before they were due.

The Finance Ministry announced that an order had been made to payment agent Citigroup in London.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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