Russia makes Eurobond coupon payments in FX - settlement depository

Russia's National Settlement Depository (NSD) on Friday successfully paid coupons in foreign currency on Eurobonds maturing in 2026 and 2036 , both of which were due on May 27, an NSD representative told Reuters.

Russia is on the cusp of a unique kind of debt crisis which investors say would be a first time a major emerging market economy is pushed into a bond default by geopolitics, rather than empty coffers.

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