It is noted that the grace period for the payment of about $ 100 million in overdue payments on government bonds expires on Monday night.

The agency writes that Russia will not officially default.

“The announcement of default is a symbolic event,” Bloomberg quoted an economist at the Nomura Research Institute as saying.

Takahide Kiuchi.

The authors of the article added that the situation is developing according to a unique scenario, when the borrower has the funds and the desire to pay, but cannot do this due to sanctions.

On May 24, the US Treasury received information about the refusal to renew the license for investors to receive payments on the public debt of the Russian Federation.

The Russian Ministry of Finance announced that this would not interfere with the payment of the country's debt obligations.

Russian Finance Minister Anton Siluanov said that Europe and the United States are creating artificial barriers for Russia to service its public debt in order to label it "default".

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