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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders (32654 Views)
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Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Oddfinder: 12:22pm On Mar 17, 2022 |
Sanchez01:External reserves and debt are managed and regulated by international laws. Established by the world bank and IMF..anything else is tantamount to stealing by theUS 1 Like |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by ayindejimmy(m): 12:24pm On Mar 17, 2022 |
Oddfinder: Did you know that Putin is a war criminal and his fight an illegal war? You are saying, you can be a rapist, armed roober and assassin, as long you did do yahoo, your bank has no right to freeze your account....Even when you've been reported to them by appropriate authorities ? |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by sapientia(m): 12:26pm On Mar 17, 2022 |
Sanchez01: This one actually think NL is world village meeting Think what we say here matter to Anyone
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Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01: 12:29pm On Mar 17, 2022 |
helpee:I mean, you easily take the crown in the ranks of the Putin boys but let me break it down to you. 1. Russia approached American business lenders for loans (bonds). 2. Russia chose to denominate their bond in Dollars, meaning they will also pay interests in Dollars. 3. Russia signed a contract, offering some of its assets as collateral in case it defaults totally and is unable to pay back the loans (bonds). 4. If Russia defaults, interests on the bonds will shoot through the roof. 5. When it does, Russia would be in trouble as the lenders will declare Russia a defaulter. 6. If No 5 happens, the lenders will seize Russia's assets used as collaterals in securing the bonds. 7. The assets, depending on the terms of the contract signed could be in Russia or outside of Russia. 8. Note that the lenders here are not the United States government or its close tied agencies. They are financial institutions operating in the United States and could be owned by Americans. Just take your time, think for a minute and digest the points above. Perhaps you will understand better. 1 Like |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by shogz89: 12:29pm On Mar 17, 2022 |
Sanchez01:you see you choose to take on the line that suits you. My statement made mention of two options, "1) Print rubbles and the creditor accept the rubble, printing is even we assuming Russia don't have rubbles on ground to currently pay 2) The creditors wait for the sanctions to be over." otherwise, the creditors are westerners, the sanctioned account is also in the west, let the western government payoff their citizens from the sanctioned account. 1 Like |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01: 12:33pm On Mar 17, 2022 |
Oddfinder:Now you're making me come off as a genius. EXTERNAL RESERVES ARE REGULATED AND MANAGED BY Central Banks of respective countries. Please, kill this ignorance. Please! Ordinary CBN regulates and manages external reserves and here you are saying international laws. Set by who?
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Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by shogz89: 12:34pm On Mar 17, 2022 |
Sanchez01:They have Siezed most if not all Russia asset outside of Russia, even those owned by citizens. They cant currently seize Russia's asset that is currently sitting in Russia, Rather it is Russia that will seize western asset currently in Russia. Russia is currently about to seize hundreds of leased commercial Aircraft. |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01: 12:35pm On Mar 17, 2022 |
sapientia: On a more serious note, I worry about Nigerian youths. It is one thing not to know, it's fine. Politics and international politics doesn't excite everyone but ours is on a whole new level. We don't know, we are totally ignorant but then we still confidently rub our ignorance almost everywhere and worse, we are dogmatic while at it. 1 Like |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by helpee(m): 12:37pm On Mar 17, 2022 |
Sanchez01:You have said nothing.. Just assumptions.. It is not American business... it is sovereign bond. Read about it first. Nigeria issues it regularly. We also issue euro bond. Even Nigerian citizens can buy Nigerian sovereign bonds so that bond is held by millions of people and institutions worldwide. The bond is backed by nothing. It is not collateralized. It is usually based on the good faith that a country will pay back because it is a country. So they didn't approach American business for any loans. Stop your ignorance. Now, many of the external bonds are usually denominised in dollars or euro.... that is normal since dollar was adopted as international currency... which will soon change based on emerging trends. Russia can only pay in dollars. Russia is banned from transacting in dollars and they default... everyone knows why they default. It is not because they don't have, it is because they are banned. That is part of the risk associated with investment. Sovereign bonds are relatively safe but it still has some risks like this. The only detriment is that once you default as a country, no one will invest in your next bond issue at least outside your country. However, everyone understands the reason for the default and if they issue a new bond, china will buy it. Chinese holds most of the USA bonds. If they dump it in the market, dollar will tank but america will keep printing artificial money. Anyway, I am talking in too technical details for you to comprehend. So Mr Efcc, there is no asset backing bond. It is backed by good faith that a country will pay back 2 Likes 2 Shares |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01: 12:38pm On Mar 17, 2022 |
shogz89:This man! You can't brag about what you don't know! If the contract of Russia's loans, for example state that Russia would give up its oil refineries and its products for 15 years if it is unable to pay off the loans (bonds) and their interests, then it means Russia would lose its refineries to lenders, whether or not Russian assets outside the shores of Russia are seized. However, Russia is most likely to suffer higher interests than the above happening and their sovereign credit rating impacted. This means nations will be unwilling to lend Russia money. Russia has been agitated about their repayment today and have even claimed to have made payment to CITIbank already. Please, enough. Haba!
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Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by mrvitalis(m): 12:41pm On Mar 17, 2022 |
Sanchez01:Nairaland would make rats to challenge lions in fights 1 Like 1 Share |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Frankiss44(m): 12:45pm On Mar 17, 2022 |
helpee: Tah.. There is nothing objective about a hate filled criticism.. |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by KingOfAmebo(m): 12:52pm On Mar 17, 2022 |
"I hope the Western ignoramus on Nairaland can read and understand the above quote... Russia is not a tiny island the West can just bully, The West is even shameful to admit their idiotic sanctions are eating deep back at them...they are too proud to admit it openly". Village People Spokesperson. 3 Likes |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Kelvin3476: 1:06pm On Mar 17, 2022 |
MangekyoAlt:NO COUNTRY CN SANCTION U.S IN SUCH MANNER, AND WHO IS US INDEPTED TO ? |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by shogz89: 1:06pm On Mar 17, 2022 |
Sanchez01:Bro this will only happen in an ideal situation. Russia is at war physically with Ukraine, and Economically with the West. No western company currently will dare say they will come down to Russia to Seize there asset over loan default no matter the contract that was signed. All is fair in war. Nobody obeys contract in war. I repeat, they can only sieze asset outside of Russia, same way UK can only sieze Chelsea in England and Russia will do nothing. Pls Enough. Haba 1 Like 1 Share |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Dpharisee: 1:06pm On Mar 17, 2022 |
Mynd44: US poorly prepared for this conflict, now inflation is hitting them them with rising oil prices 1 Like 1 Share |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by KingOfAmebo(m): 1:07pm On Mar 17, 2022 |
sosanova: "You must be high on cheap drugs to think Putin and his team know nothing about Economy... Sadly, this is coming from a poor dude from a country ravaged by extreme poverty...Tell Biden to send US troops to defend Ukraine like they did to Iraq instead of barking like dogs, Putin wan tell am something... Read the below quote and stop being senseless". Village People Spokesperson.
1 Like 1 Share |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Nobody: 1:34pm On Mar 17, 2022 |
valentineuwakwe: Nigerian leaders are the most incompetent and clueless individuals on the earth. Nigeria is a case study. 1 Like |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by jcross19: 1:52pm On Mar 17, 2022 |
Frankiss44:America facing the worst economy traumatic condition in their history... 1 Like 1 Share |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Invitationn: 1:54pm On Mar 17, 2022 |
Sanchez01:There's no USD on ground. It still beats me how seizing a sovereign states' asset is not an act of war in international law. Personally, I no dey joke with my property. For me, that's the ultimate act of war. 2 Likes |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Adjovi: 1:56pm On Mar 17, 2022 |
Wow impressive. Russia truly prepared well for this. USA think say dem dey wise. You have no right to freeze their foreign reserve in the first place because they didn't break any economic law. If they broke economic laws then, their foreign reserve can be frozen. In this case they are said to have broken war laws so it's left to the international law court who doesn't have the right to freeze foreign reserves. So either way NATO will be shooting themselves in the foot..... Well played Russia, will played 2 Likes |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by afroxyz: 1:57pm On Mar 17, 2022 |
I'm sure they paid in Rubles, as America think say dem get sense |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by pmc01(m): 1:59pm On Mar 17, 2022 |
Sanchez01: We'll see how it unfolds |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by DerrickzB: 2:02pm On Mar 17, 2022 |
sosanova: Honestly, I was expecting you to economically break down what this all entails and how it would either favor or disfavor Russia. Na wa |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by needanswer: 2:17pm On Mar 17, 2022 |
DerrickzB: I wish nairaland has voice note, I'll break it down easily. |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Contekbbc: 2:25pm On Mar 17, 2022 |
Invitationn: |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Eagba(m): 2:58pm On Mar 17, 2022 |
ecolime:in default, if after some years the fund is unfrozen, will the creditors still get their money with interest accrued? |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Eagba(m): 3:01pm On Mar 17, 2022 |
NGArmyTerrorist:you just confidently tell people say you no get sense |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Eagba(m): 3:18pm On Mar 17, 2022 |
let play a game to see if these putinoids will bite; since America have the audacity to seize russian foreign reserve, why can't the Russian bomb American to de- economify them? |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by gambojimeta: 3:27pm On Mar 17, 2022 |
Defaulting on the debt would be devastating for the Russian already weaken economy. The debtor does not care if your account was frozen by the police or your money got stolen on the way to the bank. |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by tonididdy(m): 3:40pm On Mar 17, 2022 |
drmuchin:Yes na anything you see, you take. |
Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Parachoko: 3:53pm On Mar 17, 2022 |
Idaytesj29:Which country is using Africa shillings in Africa? |
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