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re: Latest Updates: Russia-Ukraine Conflict
Posted on 11/19/22 at 7:04 am to StormyMcMan
Posted on 11/19/22 at 7:04 am to StormyMcMan
British Defence Intelligence
UPDATE ON UKRAINE 19 November 2022
INTELLIGENCE UPDATE
On 16 November 2022, Russia conducted its largest ever debt issuance in a single day, raising RUB 820 (USD $13.6 billion). This is important for Russia as debt issuance is a key mechanism to sustain defence spending, which has increased significantly since the invasion of Ukraine.
Russia's declared 'national defence' spending for 2023 is planned at approximately RUB 5 trillion (USD $84 billion), a more than 40% increase on the preliminary 2023 budget announced in 2021.
Debt issuance is expensive during periods of uncertainty. The size of this auction highly likely indicates the Russian Ministry of Finance perceives current conditions as relatively favourable but is anticipating an increasingly uncertain fiscal environment over the next year.
UPDATE ON UKRAINE 19 November 2022
INTELLIGENCE UPDATE
On 16 November 2022, Russia conducted its largest ever debt issuance in a single day, raising RUB 820 (USD $13.6 billion). This is important for Russia as debt issuance is a key mechanism to sustain defence spending, which has increased significantly since the invasion of Ukraine.
Russia's declared 'national defence' spending for 2023 is planned at approximately RUB 5 trillion (USD $84 billion), a more than 40% increase on the preliminary 2023 budget announced in 2021.
Debt issuance is expensive during periods of uncertainty. The size of this auction highly likely indicates the Russian Ministry of Finance perceives current conditions as relatively favourable but is anticipating an increasingly uncertain fiscal environment over the next year.
4
Posted on 11/19/22 at 9:23 am to cypher
A gas pipeline near St. Petersburg exploded this morning. Cause unknown
4 different angles
4 different angles
This post was edited on 11/19/22 at 9:24 am
Posted on 11/19/22 at 9:38 am to cypher
quote:
On 16 November 2022, Russia conducted its largest ever debt issuance in a single day, raising RUB 820 (USD $13.6 billion)
Who is buying these bonds?
Posted on 11/20/22 at 2:51 pm to cypher
quote:
Russia's declared 'national defence' spending for 2023 is planned at approximately RUB 5 trillion (USD $84 billion), a more than 40% increase on the preliminary 2023 budget announced in 2021.
Not sustainable.
Posted on 11/20/22 at 7:35 pm to cypher
quote:
Russia's declared 'national defence' spending for 2023 is planned at approximately RUB 5 trillion (USD $84 billion), a more than 40% increase on the preliminary 2023 budget announced in 2021.
For some perspective, the current US defense budget is $1.64 trillion.
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