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Ukraine defaults on Russian $3bn bond - Bloomberg

Merry Christmas Putin

  • Ukrainian PM Yatsenyuk announces moratorium on Russian bond
  • Moratorium includes $507m of corporate debt
  • Wants a deal on tax codes and budget by Thursday

Wildly expected and there will be pressure on Ukraine from the IMF as the default breaks their rules. Lagarde will probably have something to say if she's not rattling around a French jailhouse ;-)

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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