US Treasury Secretary Janet Yellen has suggested ending the exception that allowed investors to receive interest payments and the like in order to limit the trading of Russian government bonds.
If the exception is actually over, Russian government bonds may be recognized as default = default.
The U.S. government has taken measures to limit the trading of Russian dollar-denominated government bonds as sanctions against Russia that invaded Ukraine, but as a special case, it allows investors to receive interest payments and redemptions until the 25th of this month. increase.
Treasury Secretary Janet Yellen said at a press conference in Germany on the 18th, "The exception is likely to expire. We have not made a final decision, but it is unlikely that it will continue." He suggested the idea of ending the exception in a day.
If the exception is over and investors are unable to receive interest payments, Russian government bonds may be found to have defaulted.
However, Yellen said that Russia has already been separated from the world's capital markets, "defaulting does not make a big difference to Russia's situation."
Meanwhile, Janet Yellen said he would consider adding high tariffs to Russian oil with the EU = European Union and others in order to reduce the income from Russian trade.Keywords: