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Yellen Says Russia Debt Payment License Unlikely to Be Extended, Likelihood of Default At 90%

RUSSIA
  • YELLEN: RUSSIA DEBT PAYMENT LICENSE UNLIKELY TO CONTINUE
  • YELLEN: NO FINAL DECISION YET ON RUSSIA DEBT PAYMENT LICENSE
  • the license is set to expire on May 25th as it stands. This has driven the probability of a Russian default to 90% today
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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