• Kyodo

  • SHARE

Although Russia reportedly made an interest payment to its bondholders to avoid a default last week, it still faces a high risk of defaulting with following deadlines amid international sanctions over the country’s ongoing aggression against Ukraine.

But market observers say that a possible default would have limited impact on Japanese financial institutions, given their small exposure compared with their European peers.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)