Talk:2022 Russian debt default

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Topical as of June 2022[edit]

Curious to see headlines saying "Russia Is Hours Away From Its First Foreign Default in a Century" (Bloomberg), then I come here and read that Russia "technically defaulted" in April.

Meanwhile I ask myself, didn't Russia default back in 1998? But digging into the records, I read that the default was on domestic debt, though there was a three-month moratorium on repaying foreign debt.

Finally, in the current situation, one has to bear in mind that any difficulties Russia has in paying debt right now, arise not because it lacks assets, but because many of its foreign assets have been frozen by the USA, because of the war in Ukraine.

A good article would sort through all these causes of confusion. Mporter (talk) 20:53, 26 June 2022 (UTC)[reply]

Russia did not default in April. What?? No, it defaulted when technical default got converted into real default on 4 May, as certified on 2 June. And it was a default on interest, BY DUMB mistake, since they thought 30 days is grace period, as in credit cards, no interest. By all means it is a real default though. Yes, Russia defaulted on foreign debt in 1918 (in 1998 it was ruble bond, so not foreign currency). So? What that has to do with anything? You do understand default just means no one will give credit for 10 years? No, it has nothing to do with assets being frozen, in fact most of the not gold assets were converted or gold was put inside the country. Rumor has it Russia has more gold than USA now, with China being on the first place. No, Russia cannot pay because it is blocked from paying on euro and dollar depository side. Valery Zapolodov (talk) 03:47, 28 August 2022 (UTC)[reply]

Not a single mention that it's not a real default[edit]

Why is there no mention in the article about the nature of said default? 90.154.70.241 (talk) 04:31, 16 August 2022 (UTC)[reply]

The nature of the default is proxy war between Russia and USA, and it is a very real default, as certified by UN bodies of the "international government". That is what it means to be in a default. Valery Zapolodov (talk) 03:49, 28 August 2022 (UTC)[reply]

Situation as of April 2023[edit]

I've tried to add some kind of update to the article but it's been surprisingly hard to find anything about this published after June 2022. I've managed to find this article by Interfax from March 2023 which says that the Finance Ministry is making repayments in roubles via National Settlement Depository (NSD) but it's not clear whether the creditors have actually accepted the arrangement. Any idea how to find more sources about it? Alaexis_¿question? 19:51, 29 April 2023 (UTC)[reply]