VTB, Russia’s second-biggest BANK, has taken a big step toward default by paying holders of its dollar bonds in rubles … VTB, the second-biggest BANK in Russia, has taken a Major step toward a default after it had to make dollar Bond payments in rubles … Alfa BANK last week failed to make payments on its dollar bonds, saying in a statement that it was technically impossible due to sanctions.
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- Russia’s second-biggest BANK VTB slides toward default, after paying rubles on dollar bonds due to sanctions 2022-04-21
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