With regard to Ukraine, which is under military invasion by Russia, the major rating agency "S & P Global Rating" has certified that foreign currency-denominated government bonds have fallen into partial default = default.

Last month, the Ukrainian government requested creditors to postpone the payment of principal and interest on foreign currency-denominated government bonds for two years as a foreign currency preservation measure to prioritize defense spending in the wake of Russia's military aggression. announced that it had agreed to change the



In response to this, the major rating agency "S&P Global Ratings" lowered the credit rating of the foreign currency-denominated government bonds issued by Ukraine on the 12th, declaring it to be in partial default = default.



Another rating agency, Fitch Ratings, also downgraded foreign currency-denominated government bonds issued by Ukraine to a rating that indicated partial default on the 12th.