Russia has offered to repay dollar-denominated government bonds, which expire next week, in a move that analysts say is aimed at financially helping holders of $ 2 billion worth of government bonds. to lighten the burden of repaying the country's debt in hard currency.
moves by the West to increase sanctions against the country for its invasion of Ukraine and exclude Moscow from international funding.
Moscow, which calls its actions in Ukraine a “special military operation”, described the measures imposed by the West as an “economic war”.
In response, Moscow introduced countermeasures and asked foreign companies to pay for Russian gas in rubles, not dollars or euros.
These bonds & # 8211; issued in 2012 & # 8211; will be purchased at a price equivalent to 100% of their face value, the Russian Ministry of Finance announced.
The terms of the bond stipulate that the repayment in dollars must be made. > Analysts and investors estimate that the move was probably designed to help Russian holders, who now face restrictions on making payments in dollars.
KYPE & # 8211; Reuters
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War in Ukraine: & # 8220; The Russian army is not withdrawing, it is being reconstituted & # 8221; & # 8211; What does the White House think