On the 8th, major rating agency "S & P Global Ratings" confirmed that Russia had partially defaulted on its default payment of interest payments on dollar-denominated government bonds in its own currency, the ruble.
However, in response to the EU-European Union sanctions on Russia, the rating was immediately withdrawn.
According to the announcement, S & P Global Ratings confirmed on the 8th that Russia had partially defaulted on the ruble's payment and redemption of dollar-denominated government bonds due on the 4th.
Investors are unlikely to receive the promised amount in dollars, for example.
However, S & P revealed that it immediately withdrew ratings such as Russian government bonds in response to the EU's decision to ban ratings on Russia and local businesses as part of sanctions against Russia.
Ratings for Russia have already been withdrawn from "Moody's" and "Fitch Ratings", which means that all three major rating agencies have lost their judgment.
Experts have pointed out that the withdrawal will make the investment environment in Russia even more difficult, as the ratings of the three companies will be used by investors around the world as a reference when investing.