Started By
Message

re: Update pg 23: Russia,IMO, will default on its sovereign debt within six months

Posted on 11/18/14 at 3:44 pm to
Posted by LSURussian
Member since Feb 2005
127309 posts
Posted on 11/18/14 at 3:44 pm to
Posted by LSURussian
Member since Feb 2005
127309 posts
Posted on 11/19/14 at 8:19 pm to
LINK

The junk status bonds of Supervalu grocery market is now more attractive than the Russian governments newly issued bonds.

The Russian government was only able to sell $10 million equivalent in ruble denominated bonds today (less than 10% of what it wanted to issue but there were no buyers) at a rate of over 10% annually.

Supervalu's bonds paid 7.75% on a $350 million issue.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram