Senior borrowers are monitoring for pockets of stability following Monday's Russia-Ukraine talks

The Central Bank of Russia's healthy foreign reserves were a buffer for Russian issuers but the US is leading the charge to cut these off

Germany will use money markets and accounting to more than double 2022 deficit

Prices rise as markets take sanctions in their stride

Russian stocks traded up 15% on Friday, following Thursday's drop after the EU and US announced new sanctions against Russia

Borrowers usually hold go/no-go calls in times of volatility, but on Thursday no advice was given or sought as the world digested the prospect of what could turn into the biggest conflict in Europe since the Second World War

Riskier names and deals will have to wait as investors look for defensive plays amid invasion volatility

Sanctions and dovish central bank expectations abound as Russia invades Ukraine

The Russian companies and banks subject to new sanctions on Thursday have had years to prepare for proscriptions and are in a position to tough out what the US and its allies has to throw at them. Can the same be said of the West?

A denial of overseas market access should not stop Russian corporate borrowers servicing their debts

National champions expected to re-open FIG market when stability allows

Direct lenders poised to take advantage of any slump in issuance