International rating agency Moody’s stated that it will not declare default in the states that issue the bonds purchased by the Russian Federation in case Russian assets abroad are seized. This was reported by Reuters.
Thorsten Nestmann, senior vice president at Moody’s Investors Service, said the agency’s ratings generally do not reflect bondholder-specific considerations. Therefore, default will not be considered as a scenario for these countries.
In response, S&P Global’s EMEA country rating sector head Frank Gill emphasized that the seizure of Russian assets would not lead to default because the coupon payments were made through a payment agency that makes payments to other creditors.
Previously reportedInternational rating agency Moody’s downgraded the outlook for China’s government bonds to negative.
Previously Mishustin in the name Avoid excessive optimism.
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Source: Gazeta
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