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Russia’s payment on another bond is processed by US bank: Source

March 22, 2022 10:46 AM

NEW YORK (REUTERS) – Russia’s coupon payment on its sovereign bond maturing in 2029 was processed by correspondent bank JPMorgan Chase & Co, a source said on Monday (March 21), the second time in recent days the country appears to have averted default.

Source : https://www.straitstimes.com/business/economy/russias-payment-on-another-bond-is-processed-by-us-bank-source

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