Episode 1438 • • 1:22:40 - 1:24:34
1438: Trips of Clump
Russian Bond Payments, Citigroup, SWIFT Deplatforming
Despite being removed from the SWIFT system, several Russian corporations and the sovereign government have successfully made interest payments on foreign debt. Technical delays involving payment agents like Citigroup have occurred as banks navigate OFAC sanctions, but Russia appears to have the capacity and willingness to pay its creditors.