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Russian Railways defaulted on Eurobonds

... under the mechanism of credit default swaps will be launched. It is a kind of insurance in such cases. However, it is not yet clear how much money Western investors will be get. The threat of falling into a situation similar to the situation of the Russian Railways has already been announced by Alrosa, a Russian company engaged in diamond mining. And this is probably not the last similar statement. However, experts believe that it is beneficial for Western investment companies that Russian legal entities redeem their obligations under Eurobonds. Sanctions ...

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