Russia does not face risks of default - Bank of Russia

Russia does not face risks of default - Bank of Russia

Russia has all necessary financial resources, there is no threat of default, Governor of the Bank of Russia Elvira Nabiullina said on Thursday.

"Russia has all necessary financial resources, there is no threat of default," she said.

According to the Russian Ministry of Finance, as of February 1, 2022, Russia's external public debt amounted to $59.5 bln, including debt on external bonded loans - $38.97 bln. In total, Russia has 15 active bonded loans with maturities from 2022 to 2047.

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