Russia’s looming debt default: These are the $4.5 billion bond payment deadlines the country must meet to avoid a crisis this year
The Russian government, led by Vladimir Putin, has so far met its obligations to its creditors.
The Russian government has so far averted default, despite expectations that it may fail to pay up on its bonds.
However, Russia still faces $4.5 billion worth of payments on foreign currency-denominated debt this year.
It faces a big test in April, when it has to pay back $2 billion as a dollar bond matures.