Russia
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The approach to sanctions gave the Russian government the opportunity to present itself as a debtor that will keep on paying against the odds -
Russia had been meeting Eurobond obligations but its latest payments have not gone through
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Investors said Russia's move was smart, and non-sovereign issuers may follow its lead
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Russia may yet be forced to offer roubles to keep up with debt payments, which would mean default
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Emerging market appetite to return as Swiss risk sentiment shifts
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Investors ponder what will happen if bonds or CDS are held by sanctioned entities
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Investors face leaving roubles in Russian bank accounts if they accept the offer
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Steel firm had asked noteholders to lobby the correspondent bank after payment was frozen. Chairman Alexei Mordashov pictured
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Investors believe it unlikely noteholders will lobby the bank to get the steel firm’s payment sorted
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The India-listed mining company hits market as parent faces growing pressure on its refinancing capabilities
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Foreign bondholders are receiving cash, but Euroclear and Clearstream are blocking payments to local holders, says company
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Investors eye Russian payments as some fail to get through
