
The White House intends to prohibit the American bonds from Russian holders of Russian bonds from next week. This step will be taken within the framework of sanctions against Russia introduced earlier.
On May 25, the grace period ends during which such payments were allowed. They decided not to prolong him. This means that for the first time in more than a century, Russia, most likely, will be in default on state external debt.
This decision, according to the American media , was made by the US Department of Finance after analyzing the possible economic consequences of such a step. Experts came to the conclusion that the consequences for the American economy will be minimal. The external debt of Russia is relatively small. It is $ 75 billion. The symbolic meaning of this step is more important. Despite the freezing of its gold currency reserves in foreign banks, Russia continued to serve its debts. She tried to make payments in rubles, to which the holders of Russian securities did not agree. Moscow threatened to appeal to the courts in an attempt to prevent default.
According to various estimates, its annual income from energy exports will amount to $ 200 billion.