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27 Jul 22
El Salvador plans to buy back some of its sovereign bonds to send “a clear signal” that the country’s public finances are sound.
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19 Jul 22
Failure to pay its dollar-denominated debt obligations in the correct currency constitutes Belarus technically defaulting in the eyes of ratings agencies Fitch and Moody’s.
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27 May 22
A bailout deal between the International Monetary Fund and the crisis-hit Sri Lankan government appears to be close following two weeks of technical discussions between officials.
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20 May 22
Sri Lanka’s central bank has confirmed the government has defaulted on foreign debt repayments for the first time in the country’s 74-years of independence.
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11 Apr 22
Russia’s foreign-currency rating has been cut to ‘selective default’ after the government made payments on its dollar-denominated debt in rubles in an attempt to skirt international sanctions...
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11 Mar 22
Russia is at “imminent” risk of defaulting on its debt due to sanctions and emergency policy decisions imposed following its invasion of Ukraine, analysts have said.
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8 Mar 22
Belarus is likely to default on its debt in the coming year as a result of sanctions imposed in response to its role in helping Russia’s invasion of Ukraine, S&P Global said after it downgraded...
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9 Mar 20
Lebanon is set to default on its debts after the prime minister stopped a bond payment he said the government cannot afford while Lebanese people suffer.