Russia’s Race to Secure a Loan
Q1 Auction Day 1
And, they are not off to a good start 😂
Russia’s Race to Secure a Loan
Q1 Auction Day 1
And, they are not off to a good start 😂
The volume of corporate bonds in circulation for the period 01.07.2022-01.12.2024 increased by 76% at par, or +45% in real terms. This is approximately $100 billion, most of which also went to finance the war (for example, KAMAZ bonds)
Moscow is financing the war with soft loans from banks. Expenditures on the war are 2 times higher than the budget.
Russia's entire banking system could collapse in an instant !!!!
1/
Moscow is financing the war with soft loans from banks. Expenditures on the war are 2 times higher than the budget.
Russia's entire banking system could collapse in an instant !!!!
1/
Moscow is financing the war with soft loans from banks. Expenditures on the war are 2 times higher than the budget.
Russia's entire banking system could collapse in an instant !!!!
1/