On the 25th, the Russian Ministry of Finance announced that it will pay interest on government bonds denominated in foreign currencies in the ruble of its own currency.
It is criticized that the United States has terminated the special case where investors could receive interest payments on Russian government bonds and made it impossible to pay in dollars, and infringed investors' rights.
Regarding Russian government bonds, the US Treasury announced on the 25th that it will end the special provision that allows domestic investors to receive interest payments and redemptions from sanctioned Russia.
In response to this, the Russian Ministry of Finance issued a statement on the 25th, saying that it became impossible to continue paying interest in dollars due to the response of the United States, "It violates the rights of investors who invested in Russian government bonds." I criticized it.
On top of that, he said he was prepared to take responsibility for paying interest on all government bonds, and will pay in the ruble of his own currency in the future.
However, with the termination of the exception by the United States, it is expected that Russian government bonds will be more likely to be recognized as default = default in the future.
Russia's finance minister, Siluanov, said the situation was different from 1998, when Russian government bonds defaulted. It's a thing. "