OFAC

Funds begin parking sanction-hit Russian assets in ‘side pockets’

Some of the world's biggest money managers are talking to investors and regulators about stripping Russian assets from their funds,…

3 years ago

Explainer: Washington holds key to Russia’s sovereign default

The prospect of a Russia sovereign default is moving centre stage again with a deadline for a U.S. license allowing…

4 years ago

Explainer: Russia swerves to avoid default: what is next?

Russia may have averted default as it announced it had made several overdue payments in dollars on its overseas bonds,…

4 years ago

Russia launches Eurobond rouble buyback offer on looming $2 bln bond payment

Russia has offered to buy back dollar bonds maturing next week in roubles in a move seen by analysts as…

4 years ago

Explainer: Can Russia pay its creditors, and what happens if not?

Russia is due to pay $117 million in interest on two dollar-denominated sovereign bonds on Wednesday - the first such…

4 years ago