“The bond contracts do not provide for redemption in any other currency than dollars.
Although Eurobonds issued after 2018, under certain conditions, allow payments in rubles, bonds issued before 2018 (including Eurobonds "Russia-2022" and "Russia-2042") either do not contain such a condition on changing foreign currency payments, or allow payments only in other hard currencies (dollar, euro, pound sterling or Swiss franc),” the agency said in a statement.
It is noted that in case of non-fulfillment of obligations on payments in foreign currencies before May 4, the situation can be called a default.
Earlier, Russian Finance Minister Anton Siluanov announced the West's attempts to push Russia to default on its foreign debt.
On April 6, the press secretary of the Russian president, Dmitry Peskov, said that there were no grounds for a real default in Russia.